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Self-described layer 0 blockchain Horizen is shedding its privacy coin moniker following global regulatory scrutiny. Horizen co-founder and CEO Rob Viglione discusses the move and what it means for the broader crypto ecosystem.
There is an ever-troubling tag on privacy tokens, with government crackdowns specifically directed at them. For this reason, Grayscale-backed protocol Horizen (ZEN) has unveiled plans to deprecate its mainchain shielded pools, an event that implies its privacy features will be removed from the Horizen main blockchain at the consensus level.
The protocol confirmed that ZEN will no longer be a privacy coin after the change.
Horizen says it's now simply a layer 0 blockchain after depreciating the shielded pools on its main chain.
Horizen will discontinue support for shielded transactions on its mainnet, to stop its native token Zen being labelled as a privacy coin.
Horizen has made a groundbreaking announcement regarding the approval of ZenIP 42204.
Auros, known for providing ample liquidity to exchanges and cryptocurrency projects through algorithmic trading and market-making, stated that they will provide the necessary liquidity to help achieve Horizen's goals.
Horizen has formed a strategic partnership with Auros to enhance liquidity for Horizen's smart contracting platform
Horizen, a leading layer-0 public blockchain, has unveiled its strategic partnership with Auros, a global algorithmic trading, and market-making firm. This collaboration, aimed at increasing access to Horizen's native token, ZEN, marks a significant milestone for both companies.
Horizen and Auros have entered a strategic partnership that will increase widespread access to $ZEN in preparation for the launch of Horizen's new EVM-compatible smart contracting platform EON. The collaboration is anticipated to significantly expand the EON ecosystem.
Horizen has announced a strategic partnership with Ankr, a web3 infrastructure and cross-chain staking platform, making it the first Remote Procedure Call (RPC) provider for EON
Horizen, a prominent public layer 0 blockchain, has just made the announcement that it would be forming a strategic alliance with Ankr, a prominent Web3 infrastructure provider.
Multiple reports have revealed that Binance, the crypto exchange with the highest trade volume, has announced the removal of 12 privacy-focused cryptocurrencies from its markets in Spain, France, Poland, and Italy.
Binance users in France, Italy, Poland and Spain will no longer be able to buy or sell 12 privacy tokens starting from June 26.
Horizen, a layer 0 public blockchain, is pleased to announce a strategic partnership with Band Protocol, a cross-chain data oracle platform, “to provide real-time price feeds and reliable data for EON, Horizen's new EVM-compatible smart contracting platform.
The upgrade would bring enhancements to sidechains and bug fixes.
Horizen has launched its Ethereum Open Network (EON), an Ethereum Virtual Machine (EVM) compatible smart contracting sidechain.
The Digital Currency Group (DCG) has come under scrutiny after Zhu Su, the founder of Three Arrows Capital, accused DCG and FTX of causing the decline of Terra (LUNA) and STETH and ignoring the issue instead of addressing it.
Horizen Labs announced plans to make its Web3 advisory service “a standalone business.
ApeCoin is up 4% amid optimistic fundamentals from the network.
Zero-knowledge and blockchain infrastructure firm Horizen Labs on Friday announced that ApeCoin (APE) Staking will go live on Halloween day, October 31. While Horizen pushes to build the ApeCoin Staking platform, the blockchain firm also said the date could move by a week.
Global crypto exchange Huobi Global (HT/USD) has announced its delisting of several privacy coins, some of them very popular and widely adopted across the ecosystem, according to the latest in crypto news from the company .
Seychelles-based cryptocurrency exchange Huobi on Monday announced the delisting of seven tokens, citing financial regulations. The crypto exchange stated that trading services for privacy tokens including DASH, DCR, FIRO, XMR, XVG, ZEC, and ZEN were terminated on Sept.
Crypto exchange Huobi has announced plans to delist seven privacy tokens in compliance with new regulatory policies. The post Huobi delists seven privacy tokens, citing compliance policies appeared first on CryptoSlate.
