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Privacy Coins Take a Beating This Year Losing Over $6 Billion, Anonymity Takes a Back Seat to Defi, NFTs
24.12.2022
The last 12 months have been tough on digital currency investors as the crypto winter has caused a large sum of value to leave the once-bustling economy. The privacy coin economy, for instance, shed more than 55% against the U.S. dollar as it dropped from $11.7 billion in Jan. 2022 to the current...
Ring Signatures: What Are They & Do They Ensure Privacy in Monero
11.10.2022
The pseudonymity of Bitcoin made it appealing to many new users, especially in its early days. However, its pseudonymity has become strained over the years as it began being surveyed by blockchain analysis firms and government agencies. As a result, privacy coins like Monero emerged, with embedded...
The Top Privacy Coins Saw Fewer Percentage Losses Than Most Tokens This Week
29.8.2022
The privacy coins monero and zcash managed to see fewer percentage losses against the U.S. dollar this week, in contrast to crypto assets like bitcoin, ethereum, and solana. Seven-day statistics indicate zcash has lost 5.6% against the USD, while monero dropped by 6.1%. Privacy Coins Manage...
Privacy-Centric Monero Plans for July Hard Fork, Plans Include Ring Signature, Bulletproof Upgrade
19.4.2022
According to a recent update on Monero’s Github repository, the privacy-centric crypto network plans to hard fork in July, at block height 2,668,888. Monero is the largest privacy crypto asset in terms of market capitalization and during the last seven days, monero climbed 13.4% against...
Despite Negative Mining Malware Press, Privacy-Focused Crypto Monero Jumps 36% in 2 Weeks
1.1.2022
The privacy-centric crypto asset monero has seen significant gains during the last two weeks, jumping 36% in value against the U.S. dollar. Despite the negative press from the “Spider-Man: No Way Home” torrents with monero mining malware, seven-day statistics indicate the crypto asset...
XMR Developer Announces Bitcoin to Monero Atomic Swap Capabilities
25.8.2021
For quite some time, trustless, cross-chain trades called atomic swaps have been a holy grail of sorts and a number of blockchain developers have worked on making them a reality. According to the developers from the Monero project, atomic swaps between bitcoin and monero are now accessible via...
Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only
1.1.2021
The prominent darknet marketplace, White House Market, has dropped bitcoin payments and now accepts monero only. The darknet marketplace administrators detailed that there was an issue with a payment processor blocking Tor exit nodes, but the full transition to monero was always planned. A number...
Ciphertrace Allegedly Builds Monero-Tracing Tools, XMR Proponents Disagree
31.8.2020
The blockchain surveillance firm Ciphertrace claims to have created the “world’s first” monero tracing tools for law enforcement. According to the company announcement, Ciphertrace developed forensic tools for the U.S. Department of Homeland Security (DHS) in order to track...
‘Bitcoin Is Not a Privacy Coin’ Says Crypto Evangelist Andreas Antonopoulos
9.7.2020
Andreas Antonopoulos discussed how he desired to see Bitcoin have more “privacy features” in a recent live stream Q&A session published on Youtube on July 7. Antonopoulos discussed the privacy-centric coin monero and concepts like stealth addresses and ring signatures. Every once...