Category Archives: privacy coins

Nations Should Embrace Privacy Coins Like Monero and ZCash, According to Weiss Ratings

Privacy-focused coins such as Dash, Monero, and ZCash are controversial as they can anonymize criminals online. However, privacy is important as many people live under the auspices of corrupt governments where such technology represents a beacon of hope. Governments should fear privacy coins as a form of money. The degree of anonymity is startling. Governments should also warm to the

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Apocalyptic Predictions About Privacy Coins Are Very Wide of the Mark

Bitcoin is a permissionless ledger. In plain English, that means you don’t need to ask anyone’s damn permission to use it. There are no terms and conditions to read, no checkbox to tick, and no forms to sign before you can send or receive bitcoin. But if some people had their way, pseudonymous cryptocurrencies, as well as anonymous coins like

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Illegal Activity No Longer Dominant Use of Bitcoin: DEA Agent

A special agent with the U.S. Drug Enforcement Administration (DEA) has reportedly revealed that the use of bitcoin in illegal activities has shrunk to about 10 percent from 90 percent previously. This finding contradicts the popular perception of the cryptocurrency’s primary use. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Data From DEA Agent A DEA special agent,

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Market Caps for Privacy-Centric Currencies Have Dropped Significantly

Over the past few years, a few privacy-centric cryptocurrencies have gained both in popularity and value. Many of these coins like monero, dash, pivx, zcash, and more were at one time top ten digital asset contenders as far as market valuation is concerned. Now even though a few of these specific digital assets have dropped out of the top ten

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Indian Central Bank Justifies Its Crypto Stance – Outlines Key Areas of Concern

The Reserve Bank of India has justified its crypto banking ban to an industry group which has been trying to convince the central bank to ease crypto restrictions. In response, the central bank outlines key areas of concern and upholds its stance on crypto. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI’s Main Concerns India’s central bank, the

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US Agencies Seize Cryptocurrencies from Dark Web Vendors Valued Over $23 Million

Cryptocurrencies have historically been used as a way to transfer value between shrouded individuals, with the infamous ‘Silk Road’ dark web marketplace being a key example. The U.S. Department of Justice (DOJ) has just announced the arrests of over 35 dark web vendors, seizing cryptocurrency holdings from the arrested individuals. Cryptocurrencies Taken from Dark Web Illicit Good Vendors Yesterday, the

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US House Unanimously Passes Bill to Help Fight Illicit Use of Cryptocurrencies

The U.S. House of Representatives has unanimously passed a bill to help prevent the illicit use of cryptocurrencies, including bitcoin, dash, zcash, and monero. This bill follows a testimony by the Secret Service asking Congress for help stopping these activities. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space H.R. 6069 Bill Passed The U.S. House of Representatives has passed

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US Secret Service Asks Congress for Help to Prevent Illicit Use of Privacy Coins

The US Secret Service is worried about the illicit use of cryptocurrencies. A high-ranking official of the agency has urged Congress to consider additional legislation to address anonymity-enhanced cryptocurrencies and services intended to obscure transactions on blockchains such as tumblers or mixers. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Undermining US Laws Deputy Assistant Director of the US

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Japan’s Largest Crypto Exchanges to Face the Wrath of the FSA

Japan’s Financial Services Agency (FSA) will be taking administrative action against several registered cryptocurrency exchange operators in the country. These exchanges include Quoine, Bitbank, BITPoint Japan, BtcBox, and industry leader BitFlyer, who authorities claim don’t have proper internal management systems in place, including measures to prevent money laundering.  FSA Crackdown The moves were announced today, and suggest that even operators registered

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South Korean Crypto Exchange Korbit Drops XMR, ZEC, DASH, REP, and STEEM

South Korean cryptocurrency exchange Korbit has announced that it will no longer support the trading of five cryptocurrencies: dash, monero, zcash, augur, and steem. This announcement came just days after hacked Japanese exchange Coincheck confirmed the delisting of privacy coins. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Farewell to Five Cryptocurrencies Korbit, one of South Korea’s largest cryptocurrency exchanges,

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