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“# Dash objects to ShapeShift culling of privacy coins ” Cryptocurrency exchange ShapeShift recently delisted three privacy coins: Dash, Zcash (ZEC) and Monero (XMR). This was an unexpected move to say the least, given the exchange’s historic commitment to privacy. As a noncustodial platform, Shapeshift did not impose user identification requirements on traders in its early…
“# Monero podcaster loses NY congressional race ” Douglas Tuman, a crypto enthusiast and host of the Monero Talk podcast, has lost in his bid to represent New York’s 4th District in the U.S. Congress. According to election results from The Associated Press, Tuman, a Republican, received 134,243 votes to incumbent Democrat Kathleen Rice’s 147,580…
“# South Korean financial watchdog to ban privacy coins ” According to a Nov. 3 announcement from South Korea’s Financial Services Commission, or FSC, virtual asset service providers will no longer be able to handle any digital assets that present a high money laundering risk. These updates were made as part of the guidelines under…
“# Crypto scammers deface Trump campaign website one week from elections ” One of United States President Donald Trump’s re-election campaign websites was briefly defaced yesterday, according to an Oct. 28 article on TechCrunch. Hackers managed to replace donaldjtrump.com’s usual campaign rhetoric and request for donations with a spoof of the FBI’s “this site has…
“# Amid IRS bounty and competitor progress, Monero developers ship a major update ” First announced in September, Monero developers today went live with a network update featuring a new version of its node software, codenamed ‘Oxygen Orion.’ The product of 30 contributors, the update promises significant improvement across nearly all aspects of the privacy-focused…
“# Top 5 cryptocurrencies to watch this week: BTC, XRP, ADA, XMR, ATOM ” In the past three years the U.S. Securities and Exchange Commission has shot down several applications for a Bitcoin (BTC) exchange-traded fund. This dashed hopes of many investors who believed Bitcoin price would rally higher if an EFT was approved. Although…
“# DOJ says use of privacy coins is ‘indicative of possible criminal conduct’ ” A new report from the U.S. Department of Justice alleges that crypto traders dealing with coins like Monero, Dash, and Zcash are engaging in “high-risk activities.” According to the report by the U.S. Attorney General’s Cyber Digital Task Force called Cryptocurrency:…