privacy coins

Privacy-Centric Coins See Fresh Gains, Monero Captures All-Time Price High

<div class=”featured_image_container”> </div> <strong>On May 7, the privacy-centric crypto asset monero captured an all-time high at $515 per unit, as demand for confidential transactions has increased in recent times. Monero has gained more than 190% during the last three months, while a number of other privacy coins like zcash, verge, horizen, and grin have seen …

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Bittrex Won’t Disclose Why It Withdrew Support for Dash, Zcash, Monero

Numerous exchanges, like Bittrex, have delisted coins that have features to protect user privacy. Explanations of why they’ve done so have been vague or non-existent. It has set up clashes between the exchanges and Zcash, Monero and Dash over whether there is actually regulatory pressure to do so.  There is a question that no one …

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Privacy Coin Advocates Persevere Amid Multiple Crypto Exchange Delistings

On Dec. 8, Dutch cryptocurrency exchange LiteBit sent an email to its users stating it would be delisting the privacy coin firo (formerly zcoin).  According to the email, the decision was made “partly due to the privacy aspect of this crypto. The regulator of crypto companies in the Netherlands has indicated that cryptocurrencies aimed at …

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Ciphertrace Files 2 Patents for Systems to Identify Criminal Monero Transactions

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/411174″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/11/daw_1456x360-55.jpg” alt width=”1456″ height=”360″></a></div><strong>Cryptocurrency intelligence firm Ciphertrace has filed two patent applications for tools and systems to trace monero transactions. The company aims to enable the detection of criminal uses of privacy coins like monero.</strong> Monero Tracing Patents Blockchain analytics and …

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ShapeShift Delists Privacy Coin Zcash Over Regulatory Concerns

ShapeShift, the Colorado-based cryptocurrency exchange that allows users to self-custody their assets, has delisted another privacy coin. Zcash has been removed from the trading platform in addition to monero and dash. Decrypt reported last Friday that XMR and DASH had been quietly removed; the delisting of ZEC was not noted. “We’ve taken down the privacy …

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Chainalysis and Integra Win $1.25 Million IRS Contract to Break Monero

Venezuela Passes Law Legalizing Crypto Mining, Forces Miners to Join National Mining Pool Reports say Venezuela has now legalized bitcoin mining following the decree recently issued by the National Superintendency of Crypto Assets and Related Activities (Sunacrip). As part of the new regulations, all entities and individuals interested in legally mining bitcoin and … read …

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Cambridge University’s Third Crypto Study Records 101 Million Cryptocurrency Users Worldwide

The University of Cambridge and the school’s Centre for Alternative Finance has published the third “Global Cryptocurrency Benchmarking Study.” The 71-page in-depth study examines the current growth of the crypto industry, mining, offchain activity, crypto asset user profiling, regulation, and security. The September 2020 third edition of the Global Cryptoasset Benchmarking Study concentrates on four …

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The IRS offers a $625,000 bounty to anyone who can break Monero and Lightning

The United States Internal Revenue Services (IRS) has offered a bounty of up to $625,000 to anyone who can break purportedly untraceable privacy coins like Monero (XMR) as well as trace transactions on Bitcoin’s (BTC) Lightning Network.  The official proposal, published last week, says the IRS will accept submissions in the form of working prototypes …

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Privacy Options Underutilized in Cryptocurrency Usage: Report

Advances in cryptography have not met with user enthusiasm, suggesting a disconnect between the cryptocurrency community and its cypherpunk ancestors. According to Coin Metrics, transactions of privacy-focused cryptocurrencies zcash (ZEC), monero (XMR), and grin only add up to 6% of bitcoin’s transactions. Zcash’s privacy feature is significantly underutilized, with less than 2% of transactions fully …

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