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Privacy Coin Interest Stays Tepid as Leading Coins Report Modest Gains in 2023
8.2.2023
Over the past 90 days, the top privacy coins by market capitalization have seen an increase of just over $2 billion, rising from $4.65 billion on Nov. 9, 2022 to $6.69 billion today. However, while crypto assets such as bitcoin and ethereum saw gains of 30% or more in 30 days, privacy tokens like...
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...
Edward Snowden Played Key Role in Zcash Privacy Coin’s Creation
27.4.2022
The NSA whistleblower and privacy advocate was one of six participants in the cryptocurrency’s fabled 2016 “trusted setup” ceremony, using a pseudonym
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...
S Korean Banks to Probe Exchanges’ Privacy Coin Policies in Risk Checks
10.7.2021
South Korean banks are set to take into account crypto exchanges’ privacy coin policies, the nationality of their customers, and the criminal history of employees, classing these as “high priority” items when conducting risk assessment checks on whether to partner with trading platforms.
As...
South Korean Financial Regulator Confirms Privacy Coin Delistings- Adds New Guidelines to Report Unusual Transactions
22.2.2021
South Korean financial watchdogs are about to start overseeing crypto-related activities in the nation, and additional barriers for exchanges keep appearing. Moreover, one of the South Korean regulatory bodies codified the measures announced last year on privacy coin listings. No Major Domestic...
Privacy Coin Verge Suffers Third 51% Attack, Analysis Shows 200 Days of XVG Transactions Erased
17.2.2021
According to various reports, the cryptocurrency network Verge has suffered a 51% attack that led to a massive 560,000+ block reorganization. Analysts believe the Verge network attack could be the deepest blockchain reorganization (reorg) in history with roughly 200 days worth of verge transactions...
Privacy coin season? DASH price gains 100% in a week as Monero, Zcash flip bullish
15.2.2021
Privacy coins such as Monero, Dash and Zcash are beginning to show signs of life
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
Privacy Coin Firo Launches ‘Privacy by Default’ Protocol on Mainnet
14.1.2021
Lelantus introduces “on-by-default” privacy while also allowing partial redemptions of Firo’s burn-and-redeem model
Following delisting, Dash pushes back against 'privacy coin' label
2.1.2021
Despite past claims, Dash insists that it's no more private than Bitcoin
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...
Privacy Coin Advocates Persevere Amid Multiple Crypto Exchange Delistings
11.12.2020
As delisting for privacy coins spreads, advocates argue that not only should regulators want them on exchanges but they should tell exchanges what they need to do to be compliant
Ukrainian Politician Discloses Owning $24M in Privacy Coin Monero
10.12.2020
The city council member in Kramatorsk, Ukraine, bought 185,000 XMR in 2015 when the cryptocurrency's price was well below $1
ShapeShift Delists Privacy Coin Zcash Over Regulatory Concerns
10.11.2020
XMR, DASH and ZEC "were delisted at the same time for the same reason – to further derisk the company from a regulatory standpoint."