Can You Privately Buy Privacy-Focused Cryptocurrencies? Cash for Dash and Monero
Dash and Monero, two of the top ten cryptocurrencies, gained the following based on their improved privacy options. Monero is ranked as the most privatized money in the world, and while Dash has shifted focus to usability and a robust governance since abandoning the Darkcoin branding, it nonetheless features a Private-Send option for even more anonymous transactions. While both of these currencies certainly boast greater technical features than Bitcoin in the privacy department, the strength of these privacy offerings is diminished without a way to obtain them privately, especially without....
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The addition of BTC and XMR to the SeinnaSwap decentralized exchange was endorsed by cryptocurrency entrepreneur Roger Ver. Cross-chain DeFi protocol Sienna Network has enabled Bitcoin (BTC) and Monero (XMR) trading pairs on its decentralized exchange, giving users the ability to transact privately in two of the world’s most recognizable cryptocurrencies. Effective immediately, users of the privacy-focused SiennaSwap DEX will have the ability to trade BTC and XMR against the protocol’s native Sienna token, chief evangelist Monty Munford confirmed with Cointelegraph. The decision to....
The precipitous rise of Monero in the past few days has caused many users and traders to ask: what’s behind the surge of the self-proclaimed “untraceable” XMR token? Monero Surge Indicative of Demand for Privacy? For those familiar with the altcoin market, it’s not how much a coin has made, but more how much has it made for you lately? The latest....
Privacy coins such as Monero, Dash and Zcash are beginning to show signs of life. The strength of the cryptocurrency market is spreading appears to be spreading to privacy-focused coins. The calm price action of Bitcoin (BTC) often sets up an intense period for altcoins to rally, where several groups of coins can start becoming bullish. One of those segments is the privacy coin segment. For example, Monero (XMR) rallied by more than 50% last week. Meanwhile, Dash (DASH) has more than doubled with a 125% gain while Zcash (ZEC) rallied by 70% during the same period.Monero breaks out of USD....
What a statement from a coin whose white paper originally proclaimed it as “a privacy-centric cryptographic currency." Once viewed as one of the crypto industry's top privacy-focused assets, Dash (DASH) no longer operates under that classification, according to the Dash Core Group, the body overseeing the asset and its development. When asked if Dash should remain under the category of a privacy asset, Fernando Gutierrez, CMO for the Dash Core Group, told Cointelegraph: "No, Dash is a payments cryptocurrency, with a strong focus on usability, which includes speed, cost, ease of use, and....
The delisting of Dash and Zcash has some wondering about the future of privacy coins on major exchanges. It shouldn’t come as a surprise that regulators are starting to pay close attention to cryptocurrencies this year. For instance, as the price of Bitcoin (BTC) continues to soar, it’s predicted that regulators will start taking direct action – possibly even banning Bitcoin completely. While the ban may sound extreme, regulators have recently honed in on the use of privacy coins like Monero (XMR), Zcash (ZEC) and Dash. For example, in September this year, the United States Internal....