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Leading Privacy Crypto Monero Bounces Back: XMR Surges 25%, Defying Delisting Woes
7.2.2024
After the leading privacy crypto token monero experienced a substantial 32% price decline on Tuesday, the coin’s value swiftly saw recovery the next day, surging by 25% within the last 24 hours. Binance, Kraken, and Kucoin are witnessing significant activity in monero’s daily trading...
Monero’s Market Plummets 32% as Binance Announces Delisting, Sparking XMR’s Turbulence
6.2.2024
The leading privacy-focused cryptocurrency by market valuation, monero, experienced a sharp 32% decline within the last day after news broke that Binance intends to remove the coin from its platform. Citing non-compliance with its listing criteria, Binance announced that monero, along with three...
Binance to Delist Monero Privacy Token; XMR Slides
6.2.2024
The crypto exchange will stop listing the token as of Feb. 20
Okx to Cut Ties With Privacy Coins Amid Regulatory Heat, Triggering Market Dip
29.12.2023
In light of the ongoing dialogue around Binance’s removal of privacy coins, the cryptocurrency exchange Okx has declared the removal of various spot trading pairs linked to privacy tokens such as monero, zcash, and dash. Okx attributes its decision to remove these offerings...
Zooko Wilcox Ends Eight-Year Association With Company Behind Privacy Coin Zcash
20.12.2023
Zooko Wilcox, the CEO of Electric Coin Co., revealed on Dec. 18 that he is ending his eight-year association with the entity which is behind the privacy coin zcash. Despite leaving his role as the company’s top executive, Wilcox said he remains committed to anything focused on human freedom....
Zcash Developer Electric Coin CEO Zooko Wilcox Steps Down, Swihart Named to Role
18.12.2023
Man Fingered in the July 2022 Hack on 2 Decentralized Exchanges Pleads Guilty to Computer Fraud
18.12.2023
U.S. Attorney for the Southern District of New York announced on Dec. 14 that Shakeeb Ahmed, a man accused of hacking two decentralized crypto exchanges, had pleaded guilty to the charge of computer fraud. Ahmed is said to have attempted to cover his tracks by using overseas crypto exchanges...
US Authorities Accuse Former Security Engineer of Siphoning $9 Million From Defi Platform
13.7.2023
Authorities in the United States recently revealed that law enforcement has arrested Shakeeb Ahmed for “wire fraud and money laundering in connection with his attack on a decentralized cryptocurrency exchange.” The U.S. Attorney for the Southern District of New York suggested that...
Monero Maintains Stability Amid Crypto Market Volatility, Remains Top Privacy Token With $3B Market Cap
8.7.2023
In the last half-year, there has been a remarkable surge in the value of crypto assets such as bitcoin and ethereum. BTC has skyrocketed by 77%, while ETH has experienced an impressive 44% leap. On the other hand, the leading privacy-focused cryptocurrency, monero (XMR), has displayed a rather...
Horizen Scraps Privacy Coin Moniker Amid Regulatory Scrutiny
28.6.2023
Horizen says it's now simply a layer 0 blockchain after depreciating the shielded pools on its main chain
Crypto projects respond to privacy coin ban in Dubai
10.2.2023
Christopher Goes, co-founder of privacy protocol Anoma, pointed out that privacy is a basic human right and a ban demonstrates a lack of consideration for the public
Dubai Takes a Stand Against Privacy Coins with Ban on Anonymity-Enhancing Crypto
9.2.2023
Dubai, a jurisdiction in the United Arab Emirates (UAE), prohibited by law the issuance of privacy coins such as monero (XMR) and zcash (ZEC), as well as any activity related to them.
According to the new set of crypto regulations,
"The issuance of Anonymity-Enhanced Cryptocurrencies and all...
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...
Top Privacy Cryptocurrencies by Market Cap Lost Half Their Value in Less Than 2 Months
21.6.2022
Since the end of April, the top privacy crypto assets by market capitalization went from a combined value of $10.7 billion to today’s valuation of around $5.09 billion. During that time frame, monero lost 48% in value while zcash shed 56% against the U.S. dollar. Privacy Coin Economy Sheds...
Zcash Unveils Edward Snowden As Final Member Of Privacy Coin’s Setup Process
28.4.2022
Privacy coin Zcash (ZEC) has revealed that Edward Snowden, the US National Security Agency (NSA) whistleblower, is John Dobbertin, the final pseudonymous participant in the coin’s trusted setup process.
The announcement was released by Zcash Media, a division of film production house 37 Laines...
SCRT Labs Launches $400 Million Fund to Bolster Privacy Network’s Ecosystem and Application Layer
19.1.2022
On Wednesday, the Secret Network announced the launch of a $400 million fund in order to expand the application layer and provide grants to ecosystem participants that accelerate user adoption. The market capitalization for the network’s native token SCRT is the third-largest privacy-centric...
15 Privacy Coins See Double-Digit Weekly Gains, Monero Jumps 13%, Secret Gains 50%
17.1.2022
Despite the fact that regulations have tightened and bureaucrats worldwide are scrutinizing cryptocurrency usage, a few privacy coins have jumped considerably higher in value over the last week. Monero jumped 13% during the last seven days, while the token secret increased 50%, and dusk spiked...
Privacy-Centric Cryptocurrency Firo Suffers 51% Attack on Its Network
23.1.2021
The proof-of-work (PoW) cryptocurrency Firo announced that its protocol came under a 51% attack, notifying its holders to stop transactions. Formerly known as Zcoin, the privacy coin was reportedly subject of a blockchain reorganization attack. Firo Team Clarified the Attack Cannot Be Attributed...
Privacy Coin Firo Currently Experiencing 51% Attack
20.1.2021
Users should not make transactions during this time