Bookmarking Crypto Insights
Auto Added by WPeMatico
Robert Kiyosaki predicts historic crash, Gary Gensler sets aggressive crypto crackdown, crypto bloodbath results in $1.5 billion liquidated, and more in this Week in Review. Week in Review Robert Kiyosaki has predicted an unprecedented economic collapse, advising investors to reconsider their asset allocations. Meanwhile, SEC Chair Gary Gensler has reportedly intensified efforts for a robust … Read more
The Japanese National Police Agency’s Cyber Special Investigation Division announced the arrest of a suspect accused of money laundering, computer fraud, and credit card phishing crimes. Japanese authorities disclosed that they identified the suspect by analyzing his operations on Monero, a highly private and confidential blockchain. Japanese Police Allegedly Catch Money Laundering Ringleader Using Monero … Read more
According to Shopinbit, a European online retailer that accepts cryptocurrency for transactions, monero (XMR) was the favored payment method in June. Shopinbit reported that XMR accounted for over 74% of all payments during that period. European Retailer Shopinbit Sees Monero Payments Skyrocket in June The European online retailer, which offers over a million products, shared … Read more
The delisting of monero by Binance marked a significant turning point for privacy coins, showcasing the growing impact of regulatory demands on privacy-focused projects, while also spotlighting emerging projects like Zano that aim to navigate these challenges. Regulatory Pressures Set to Reshape Privacy Coin Landscape The privacy coin landscape is experiencing seismic shifts after Binance, … Read more
Following the demise of the largest darknet marketplace (DNM) in mid-July 2017, the underground market Alphabay returned in August 2021, and during the last year, Alphabay has managed to once again regain its position as the world’s top DNM. Furthermore, Alphabay relentlessly conducted business amid a domino effect of DNMs folding last year and throughout … Read more
When Bitcoin first launched, the community was extremely small and it slowly grew during the first two years until the project’s creator, Satoshi Nakamoto, left the community for good. During the early years encompassing the world of cryptocurrencies, a number of anonymous individuals like Sunny King, Artforz, Rat4, and Cobra followed Satoshi’s method of keeping … Read more
Following the U.S. government prohibiting the use of the ethereum mixing service Tornado Cash, the crypto economy’s top privacy coins lost more than 8% in USD value the following evening after the ban announcement. The top privacy coins like monero and zcash managed to recover the losses two days later, but during the last 24 … Read more
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 Billions Since End of April The … Read more
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
Over the last week, the United States and president Joe Biden’s administration tightened sanctions against Russia a great deal. The U.S. banned Russian energy imports, a number of other types of imported goods, and a series of harsh financial sanctions against Russia. In the midst of a restricted global economy, the top two privacy-centric crypto … Read more
