Tagged: privacy coins

Privacy Coins: Monero’s (XMR) Encryption Tech Has Not Yet Been Cracked by Any Nation-State, Report Claims

Monero’s encryption tech, which makes use of signatures from several different users to conceal who has carried out a monetary transfer, has reportedly not been hacked by any nation (at least it has not been widely reported). As reported by Fast Company, analysts with the… Read More

Double Extortion Ransomware Increased Almost 500% in 2021, CipherTrace Reports

CipherTrace, a Mastercard Company, has reported a significant increase in the number of payments “made to ransomware groups in 2021.” The growth in this criminal enterprise “is so large that the first six months of 2021 saw payments that matched the whole of 2020.” With… Read More

Monero (XMR), Zcash (ZEC), and Dash (DASH) Cryptocurrency Markets to be Removed from Bittrex by Jan 15

Digital currency exchange Bittrex has announced that Monero (XMR), Zcash (ZEC), and Dash (DASH) cryptocurrency markets will be “removed on Friday, January 15th at 23:00 UTC.” The Bittrex team confirmed that the following markets will be removed on January 15, 2021: BTC-XMR, ETH-XMR, USDT-XMR BTC-ZEC,… Read More

New Privacy Coin, called MobileCoin, Launches Mainnet, Might have Ties to Chat App Signal

Michael Arrington, the Founder of Arrington XRP Capital, has pointed out that a new privacy-oriented digital currency just launched its mainnet. According to Arrington, this newly launched project, called MobileCoin, appears to have ties to chat app Signal. A new privacy coin just went mainnet… Read More

Glenn Austin: Chief Financial Officer at Dash Core Group Explains Why the Cryptocurrency Is Not Considered a Privacy Coin

We recently caught up with Glenn Austin, the chief financial officer at Dash Core Group (creator of DASH or Digital Cash), a major digital currency platform. Austin, a former VP at Morgan Stanley Investment Management who has worked at other big Wall Street names like… Read More

Oops. No privacy here, as Mimblewimble’s Privacy Claim is Claimed to Be Flawed

MimbleWimble, a privacy-oriented blockchain that seeks to cover users’ tracks, is said not to be very private at all, according to a blog post. Other privacy coins have gained popularity as much of the early usage of crypto was because of its ability to complete… Read More

Dash Group’s Omar Hamwi Says Privacy Coin Dash Complies With FATF’s Guidelines, Including “Travel Rule”

A number of concerns have been raised by digital currency exchanges regarding whether certain cryptocurrencies comply with relevant Financial Task Force (FATF) guidelines, including the “travel rule.”  Dash (DASH), one of the largest privacy-oriented crypto assets, has been a popular target for some digital asset… Read More

Citing Money Laundering Concerns, South Korean Exchange UpBit Delists Privacy Coins Monero (XMR), ZCash (ZEC), DASH

South Korean digital asset exchange Upbit announced on September 20 that it will delist several privacy-oriented cryptocurrencies including Monero (XMR), Dash (DASH), and ZCash (ZEC). Upbit’s management noted in a blog post that it would also cease trading for PIVX, a privacy-focused proof-of-stake (PoS) currency… Read More

New Financial Action Task Force Rules Force OKEx to Delist Privacy Coins Monero, Zcash, Dash

The South Korean arm of Malta-based digital asset exchange OKEx announced that it will no longer support five major cryptocurrencies due to new international financial regulations. OKEx Korea’s management noted that it would suspend trading for privacy-oriented digital currencies including Monero (XMR), Zcash (ZEC), and… Read More

Bitmain Says its New Equihash Cryptominer 3X Faster

Bitmain-ASIC-chip

One of the world’s largest cryptomining companies, Bitmain, has announced the release of a new crypto mining machine it claims is three times faster than its previous model. The new “Antminer Z11” is designed for the dedicated mining of cryptocurrencies that use the Equihash algorithm… Read More

US Department of Homeland Security Seeking Privacy Crypto Forensics Contractors

The Department of Homeland Security (DHS) Small Business Innovation Research (SBIR) Department is seeking proposals from contractors skilled in blockchain forensics, data analysis, and information sharing. More specifically, the DHS/SBIR is satisfied with its ability to investigate transactions on the Bitcoin blockchain but seeks to be able… Read More

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