Privacy Coins Take a Beating This Year Losing Over $6 Billion, Anonymity Takes a Back Seat to Defi, NFTs

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 $5.22 billion. … Read more

The Top Privacy Coins Saw Fewer Percentage Losses Than Most Tokens This Week

The privacy coins monero and zcash managed to see fewer percentage losses against the U.S. dollar this week, in contrast to crypto assets like bitcoin, ethereum, and solana. Seven-day statistics indicate zcash has lost 5.6% against the USD, while monero dropped by 6.1%. Privacy Coins Manage to Stave off Some of This Week’s Market Carnage, … Read more

Privacy-Centric Monero Plans for July Hard Fork, Plans Include Ring Signature, Bulletproof Upgrade

According to a recent update on Monero’s Github repository, the privacy-centric crypto network plans to hard fork in July, at block height 2,668,888. Monero is the largest privacy crypto asset in terms of market capitalization and during the last seven days, monero climbed 13.4% against the U.S. dollar. Monero Aims to Upgrade in July The … Read more

Despite Negative Mining Malware Press, Privacy-Focused Crypto Monero Jumps 36% in 2 Weeks

The privacy-centric crypto asset monero has seen significant gains during the last two weeks, jumping 36% in value against the U.S. dollar. Despite the negative press from the “Spider-Man: No Way Home” torrents with monero mining malware, seven-day statistics indicate the crypto asset has gained more than 21%. Monero Sees Double-Digit Gains Amid Mining Malware … Read more

4 Privacy Coins See Double-Digit Gains, Stats Show Monero Jumped 58% Higher Over 30 Days

While bitcoin and a slew of other crypto assets have seen significant gains during the last month, a number of privacy-centric crypto assets have jumped in value as well. Monero has gained 19.4% over the last week, the token horizen jumped 6.8%, and zcash has spiked over 7% during the last seven days. Privacy-Centric Coins … Read more

Privacy-Centric Coins See Fresh Gains, Monero Captures All-Time Price High

On May 7, the privacy-centric crypto asset monero captured an all-time high at $515 per unit, as demand for confidential transactions has increased in recent times. Monero has gained more than 190% during the last three months, while a number of other privacy coins like zcash, verge, horizen, and grin have seen significant gains as … Read more

Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only

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 of crypto proponents have reported on the darknet marketplace, White … Read more

Privacy Options Underutilized in Cryptocurrency Usage: Report

Advances in cryptography have not met with user enthusiasm, suggesting a disconnect between the cryptocurrency community and its cypherpunk ancestors. According to Coin Metrics, transactions of privacy-focused cryptocurrencies zcash (ZEC), monero (XMR), and grin only add up to 6% of bitcoin’s transactions. Zcash’s privacy feature is significantly underutilized, with less than 2% of transactions fully … Read more

‘Bitcoin Is Not a Privacy Coin’ Says Crypto Evangelist Andreas Antonopoulos

Andreas Antonopoulos discussed how he desired to see Bitcoin have more “privacy features” in a recent live stream Q&A session published on Youtube on July 7. Antonopoulos discussed the privacy-centric coin monero and concepts like stealth addresses and ring signatures. Every once in a while, the well known cryptocurrency expert and evangelist, Andreas M. Antonopoulos, … Read more

Monero Price Uptrend Materializes as Bulletproofs’ Potential Becomes Apparent

Even though it does not happen all that often, the Monero price is going through a very positive spell right now. Some of the project’s recent developments have [finally] received the attention they deserve. A reduction in transaction size combined with lower fees make XMR one of the cheaper currencies to use today. Monero Price … Read more