Sanctioned Cambodian Lender Huione, Linked to Illicit Crypto, Faces Bank Run

Cambodia’s Huione Pay, a core node of the Huione family of financial companies sanctioned by the United States, froze withdrawals on Monday and suspended operations for more than a month, triggering panic among users who rushed to its headquarters seeking deposits, local media reported. Regulators and U.S. authorities have long warned that Huione’s operations are…

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Coders Push ZK ‘Secret Santa’ System Toward Deployment

Ethereum developers are refining zero-knowledge protocols aimed at bringing stronger privacy guarantees to on-chain interactions, starting with a “Secret Santa”-style matching system that can evolve into a broader private coordination toolkit. Solidity engineer Artem Chystiakov revisited the research in an Ethereum community forum post on Monday, pointing to the findings he first published on arXiv…

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