Crypto privacy is in greater jeopardy than ever before — here's why

Cryptocurrencies smashed records in 2022, with the market topping $2 trillion for the first time ever. Despite the latest technology, the world has yet to crack the code for privacy and security online. As the asset class grows, it becomes more appealing to malicious actors. The world at large misunderstanding “privacy technology” as a hindrance to fee stability through scaling and functionalities of a smart contract, which can only be described as a trade-off. Precautions and robust measures are needed to give investors a sense of privacy as security — and prove to newcomers that digital assets do have value over fiat currencies. As crypto adoption has increased, the regulation of exchanges has become much stricter, specifically in terms of retention of identification data. Source