The following is a guest post by Brendan Cochrane, Partner at YK Law LLP. Privacy coins, or cryptocurrencies with privacy-enhancing features designed to boost anonymity and reduce traceability, are at the heart of a brewing battle between personal financial freedom and government regulation.
TL;DR The use of privacy tokens offers a solution to improve financial confidentiality, protecting the identity of users. Monero, Zcash, and Dash are examples of assets that implement advanced technologies to ensure greater anonymity in transactions. These tokens face an increasingly hostile regulatory environment, which could limit their adoption among users who value financial freedom.
Privacy coins like Monero (XMR) and ZCash (ZEC) have faced widespread delistings in 2024, with 60 removals from exchanges, the highest since 2021, due to increasing regulatory pressure.
A study published in the Journal of Cybersecurity recommends that governments focus on cryptocurrencies, particularly privacy coins, to address money laundering.
Privacy tokens underwent nearly 60 delistings by centralized exchanges this year, a record since 2021, according to a recent Kaiko report. The report tracked Monero (XMR), Dash (DASH), Decred (DCR), Mask (MASK), Rose (ROSE), and Zcash (ZEC).
Demonizing privacy coins undermines the core principles driving many web3 natives: The freedom of essential human rights, and privacy being one of them.
Audius has been empowering artists through Web3 tools, and several of its early adopters may have already found success on it.
Crypto exchange NoOnes bucks regulatory crackdown on privacy coins, adding Monero, Zcash to its platform.
While Ethereum developers are working hard to develop on-chain scaling solutions, including Sharding, layer-2s is picking up steam. According to L2Beat, as of September 6, all these layer-2 scaling solutions managed nearly $34 billion.
Investors poured $61 billion into cash-like money market funds in the week to Wednesday, as they braced for the Federal Reserve to cut interest rates for the first time in four years, Bank of America said on Friday.
DASH's price action and the Open Interest trends of the past week show bearish short-term expectations.
Dash has officially launched its Evolution platform, marking the biggest release in the cryptocurrency's history. The Evolution chain is now live, producing blocks, executing data contracts, and sending files to decentralized storage. This platform, which began as a vision for blockchain-level usernames and contact lists in 2015, has evolved into a comprehensive decentralized application platform.
In a turbulent cryptocurrency market, Dash (DASH) is positioning itself for a potential rebound despite broader declines. As Bitcoin fell below the $60,000 mark on Wednesday, a wave of selling swept through altcoins, including Dash.
Story Highlights The live price of the DASH coin is . The Dash price could reach a maximum of $50.54 in 2024. Dash price with a potential surge, may reach a high of $198.85 by 2030.
These include ASCAP, BMI, GMR, and SESAC. This ensures songwriters on Audius receive performance royalties via their PROs.
We examine the dual-edged sword of privacy in crypto, looking into how anonymity tools like mixers and privacy coins have impacted mass adoption amidst rising financial crimes. On Jan.
Binance Futures announces updates to leverage and margin tiers for KSMUSDT, DASHUSDT, IOTXUSDT, ASTRUSDT, and KAVAUSDT USDⓈ-M Perpetual Contracts.
The EU Innovation Hub for Internal Security has released its first comprehensive report on encryption, focusing significantly on crypto-related issues. The report, a collaboration between Europol, Eurojust, and other EU agencies, delves into how cryptocurrencies are impacting law enforcement efforts.
The Dash team has announced the integration of Dash into Wizarbit, a Lithuania-regulated cryptocurrency exchange and card provider. This development allows users to purchase Dash instantly with euros at competitive rates using a credit card.
Audius crypto (AUDIO) has stunned investors and analysts alike with a staggering surge of over 65% within a mere two days. This meteoric rise has left many wondering about the underlying catalysts and the path forward for this dynamic digital asset.
AUDIO's massive +65% rally hit a key roadblock, prompting bulls to re-plan.
With Bitcoin's narrow trading range and recent dip, strategize your investments by offloading these cryptos to sell this month.
The Dash community has revealed on social media that the coin will be included in the trading options on Revolut X, the new cryptocurrency exchange platform by Revolut. This development expands Dash's reach to Revolut's rapidly growing user base.
While few sectors offer the exponential upside potentiality of the cryptocurrency market, not every idea is a winner, which brings us to cryptos to avoid.
If you are acquainted with the music biz, you must be aware of how middlemen typically take advantage of the musicians. Audius intends to counter this setback by enabling artists to publish their music and engage with their audience without involving any intermediaries. The platform's user interface is similarly very simple and easy to navigate.
The dollar was broadly steady on Wednesday, keeping the yen rooted near 34-year lows after comments from Federal Reserve officials, including Chair Jerome Powell, suggested U.S. interest rates are likely to stay higher for longer.
Back FIL's decentralized storage, Dash's anonymity, and Polygon's DeFi prowess for high-potential crypto returns.
In the ever-evolving realm of cryptocurrency, Bitcoin stands as a beacon of innovation and resilience. However, as new features and functionalities emerge, they often bring about significant debates and challenges.
In this fast-paced bull market of the crypto industry, many altcoins have already reached a notable height in the past few months. While Bitcoin has been the leading cryptocurrency, the low cap altcoins are giving remarkable returns and present entry opportunity at much cheaper cost.
Dash is the first privacy-centric cryptographic currency based on the work of Satoshi Nakamoto. Dash is based on Bitcoin and compatible with many key components of the Bitcoin ecosystem, its two-tier network structure offers significant improvements in transaction speed, anonymity, and governance.
Officials in one of the richest cities in the world are scrambling to claw back funds after a big banking glitch gave tens of thousands of employees a massive payday.
Analyst No Bs Crypto has opened up about promising altcoins ahead of the massive bull run. The analyst discussed altcoins, focusing on a new project called Ather. They noted that Ather, while not yet launched, offers more than similar projects like Render, particularly in terms of enterprise demand and gaming applications.
China's crypto volumes have outpaced those in Hong Kong as investors shy away from domestic stocks.
A trio of privacy-focused altcoins are seeing dips in price after a prominent crypto exchange platform said it is going to delist them.
OKX, a prominent exchange, announced the delisting of 20 trading pairs, including major privacy coins Monero (XMR), Dash (DASH), and Zcash (ZEC). The decision, effective from January 5, comes as OKX cited non-compliance with its listing criteria for removing these pairs.
The news of the removal of trading pairs for privacy tokens DASH, Monero (XMR), and ZCash (ZCH) by the cryptocurrency exchange platform OKX had a significant impact on the values of these digital assets.
OKX has announced the delisting of several privacy-focused tokens from its platform. This includes the widely recognized privacy token Monero (XMR), along with Dash (DASH), Zcash (ZEC) and Horizen (ZEN).
The advice to users is to cancel orders related to these cryptos before their delisting.
Crypto exchange OKX has announced the delisting of several privacy-focused coins, including Monero (XMR), Dash (DASH), Zcash (ZEC) and Horizen (ZEN).
More than 20 trading pairs will be delisted next week as they no longer meet the crypto exchange's listing criteria.
OKX announced Friday that it is delisting 20 crypto trading pairs — including privacy coins — by Jan. 5 after a performance review.
These three cryptos are worth buying for those who believe that unique use cases trump all other investment factors.
Pinpoint these crucial cryptos to sell in today's turbulent market as Bitcoin and Ethereum surge, leaving others behind.
For those who value capital preservation and are concerned about a potential recession, here are three cryptos to avoid right now.
To capitalize on the bullish crypto market, investors are turning their attention to finance cryptos with transformative potential.
In 2014, a new cryptocurrency emerged from the shadows, created through a hard fork of the Bitcoin protocol. This digital currency, known as Dash, quickly gained popularity in the years that followed, but it also faced its share of challenges, leading to a decline from 2018 onwards.
In this article, we take an in-depth look at crypto DASH, a cryptocurrency that was born in 2014 from a hard fork of the Bitcoin protocol and became very popular in the following years, before falling into decline from 2018 onwards.