Category: Zcash

Privacy Coins (XLM, ZCASH, DASH) Are Back On The Rise Despite Mounting Regulatory Threat

Several privacy-focused coins have noted interesting rallies over the past couple of weeks. Coins such as Monero [XMR], ZCash, DASH have been surging despite the current stagnancy in the market. According to the latest edition of Coin Metrics’ report, Monero’s market cap climbed to its highest level since September 2018. That was not all. The popular […]

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US Government Moves to Regulate Cryptocurrencies After Attorney General Publishes Enforcement Framework

US Government Moves to Regulate Cryptocurrencies After Attorney General Publishes Enforcement Framework

United States Attorney General (AG) William Barr says the recent publishing of the Cryptocurrency Enforcement Framework will help law enforcement to fight elements using digital currencies for illicit ends. Produced by the AG’s Cyber-Digital Task Force, the framework provides law enforcement with what Barr terms a “comprehensive overview of the emerging threats and enforcement challenges […]

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Chainalysis and Integra Win $1.25 Million IRS Contract to Break Monero

Chainalysis and Integra Win $1.25 Million IRS Contract to Break Monero

Crypto intelligence firm Chainalysis and data forensics company Integra Fec have won a combined $1.25 million contract to provide tools that break the privacy-focused coin, monero, for the U.S. Internal Revenue Service (IRS).Floated early September, the one-year contract specifically covers transactions involving monero (XMR) and second-layer payment solutions such as bitcoin’s lightning network (LN) – […]

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Gemini now supports ‘shielded’ Zcash withdrawals for added privacy

Gemini now supports ‘shielded’ Zcash withdrawals for added privacy

Crypto exchange Gemini has added support for “shielded” Zcash (ZEC) withdrawals for an additional layer of financial privacy. Gemini said the move makes it the first regulated exchange to offer this feature. Gemini’s rival, Coinbase, does not yet support shielded ZEC withdrawals. ZEC addresses are of two types: “Transparent” that start with a “t,” and […]

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