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.
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.
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.
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.
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.
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.
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.
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.
Binance will be removing more trading pairs soon. Find out which.
In an era where online transactions have become the norm, Dash is leading the charge in making digital financial interactions safer and more convenient than ever before. The blockchain technology that underpins Dash's distributed network is reshaping the landscape of global financial transactions, providing users around the world with enhanced access to online content.
Dash is a cryptocurrency that was created in 2014 by Evan Duffield. It is a fork of the Bitcoin blockchain, but it has a number of features that make it more user-friendly and efficient.
Bitcoin (CRYPTO: BTC) edged higher, with the cryptocurrency prices trading above the key $29,000 level on Monday. Ethereum (CRYPTO: ETH) also moved slightly higher, trading above the key $1,800 mark this morning.
Algorand (ALGO) and Dash (DASH) have broken out from diagonal resistance lines, a movement that could trigger a sharp increase in the near future. Dent (DENT) is attempting to break out from its own resistance line.
Today, the DeFi space witnessed a groundbreaking moment as Maya Protocol announced its integration with the Dash blockchain. This milestone marks the first-ever opportunity for Dash users to engage in decentralized and permissionless trading, unlocking a new era of possibilities.
The financial landscape has recently been marked by a scramble towards cash, a reaction to uncertainty and upheaval in the market. However, recent insights from the Bank of America's global research team suggest we may be witnessing the culmination of this investor sprint.
Investors' rush to the safety of cash, a dominant theme in capital flow data this year, may be peaking, Bank of America global research said on Friday.
Bill Morgan, a legal expert and XRP enthusiast, has once again criticized the SEC's approach to digital asset regulation. In a tweet, Morgan highlights the years of uncertainty created by the SEC as it failed to provide regulatory clarity on crypto assets, including DASH and XRP.
The United States Securities and Exchange Commission (SEC) is now alleging that the Dash token, a popular digital asset in the crypto world, is a security. This revelation emerged from Bittrex's motion to dismiss a case filed against them, leaving the crypto community in shock and confusion.
Here we are once again with our column analyzing prices and news of different crypto assets, today's analysis will look at three major projects in the sector: Dash, Tetha Network and Polkadot.