Bitcoin wallet startup Breadwallet has closed a new $7 million funding to boost staffing levels and product development.
Chainalysis was forced to defend itself after allegations its surveillance tactics had disrupted services and threatened the privacy of bitcoin users.
Bitcoin wallets have become more secure thanks to multisig and hardware advancements, but there's still room for improvement.
Breadwallet is the first 'decentralized' wallet app for iOS, eliminating server trust by communicating directly with the bitcoin network.