Dash has partnered with Mexican cryptocurrency exchange, Tauros.io, to release the first crypto Visa debit card in Latin America. The offer will initially only be available to Tauros’ customers in Mexico. The card will work at millions of stores in Mexico by converting crypto funds to pesos using the Tauros mobile app. It will also be capable of conducting online transactions. Speaking with Cointelegraph, Ernesto Contreras, Head of Business Development at Dash Core Group, provided more details about the new product, which is the first of its kind in the region: "The Tauros card is a first in Mexico and …
Dash recently claimed it had been the world’s safest cryptocurrency for a year due to its innovative technology called ChainLocks that allegedly makes a 51% attack nearly impossible. Fully implemented in early July 2019, ChainLocks has not yet seen any protocol capable of matching it — according to the Dash Core team. Well-known Bitcoin (BTC) educator Andreas Antonopoulos recently suggested that with the Bitcoin blockchain, a 10-minute 51% attack would cost around $1 billion — something that sounds unrealistic to achieve. But what makes Dash’s ChainLocks blockchain supposedly more secure, and what is the importance of this technology for the …
The Dash Core Group plans to release another update for its Dash platforms near the end of August, the company announced. The group recently came out with its third release for its newly defined process. New functionalities to the Dash platform are released every six weeks so the next will launch between August 25 and September 8. As always, the most recent release means all data on Evonet has been wiped. The newest updates features document timestamping, an improved DAPI client for better code quality, usability and testability, an improved distribution package, and a platform test suite for developers to …
“Understanding the Past, Present & Future of Finance in One Read,” boasts the subtitle of Digital is the Cash by Nathaniel Luz. Whether the book achieves this lofty aim is likely to depend on the readers feelings towards Dash (DASH) being the future of finance. You see, Luz is an ambassador for Dash Africa, and strongly believes that the cryptocurrency represents the future of money. His story is actually more interesting than that, as I discovered when I spoke to him, but potential readers should be warned that parts of this book read more like a press release. It should …
Crypto holders in Austria will soon be able to spend their coins at more than 2,500 points of acceptance using A1 Payment — one of the largest mobile network operators in the country. According to an announcement made by Austrian fintech firm Salamantex, its Crypto Payment Service Software is now integrated into the A1 Payment platform. Merchants will start accepting Bitcoin (BTC), Ether (ETH) or Dash, instead of cash or credit cards, in summer 2020. Austria’s current stance towards crypto Salamantex also praised the country’s recent stance towards switching to cashless payment transactions “as far as possible.” Markus Pejacsevich, the …
The Dash Investment Foundation, which claims to be the first ownerless and memberless investment fund in the world, recently bought its first shipment of physical gold. This move, announced Friday, marks the launch of its Dash-to-gold rebalancing strategy before it is deployed to blockchain startups. The strategy aims to grow the value of the capital held by the DIF. Dash to gold rebalancing strategy The rebalancing strategy was devised by Demelza Hays, the DIF’s investment consultant and an alumna of Forbes 30 under 30. The goal is to accumulate more Dash and more gold through rebalancing the two uncorrelated assets. …
Privacy-oriented cryptocurrency Dash has announced its first quarter of 2020 financial report to investors, revealing solid growth in adoption and commercial payments. According to the report, commercial payments using Dash grew 104% for Q1, helped by a number of partnerships in the Latin American region. Solid year-over-year growth During Q1 2020 the number of active Dash wallets installed on mobile devices reached 101,747, representing a 214% increase year-over-year and a 21% increase on the previous quarter. In the same period, the median number of daily commercial payments using Dash grew to 17,127, a growth of 104% year-over-year. This growth has …
On June 8, Chainalysis announced support for privacy coins Zcash (ZEC) and Dash (DASH) making it easy for the law enforcement to track them. Calling Dash a privacy coin is a misnomer The company claims that it can trace the vast majority of Zcash and Dash transactions due to the fact that most users do not use privacy-enhancing features. When it comes to Dash, Chainalysis goes as far as to say that calling it ‘privacy coins’ is a misnomer, it concludes: “In fact, independent wallet softwares provide more advanced forms of CoinJoin that are being used with major cryptocurrencies not …
Floyx, a Malta-based social media platform for the crypto community, is trying to prevent crypto impersonation scams by developing a novel system. Floyx CEO Kamil Kępiński explained to Cointelegraph that the platform can prevent malicious actors from impersonating firms and projects with a novel account system. As Cointelegraph reported on multiple occasions, scammers commonly try to trick people out of their crypto assets by pretending to be major firms and celebrities. In July 2018, billionaire entrepreneur and engineer Elon Musk himself said that he is impressed by the scam accounts: “I want to know who is running the Ethereum scambots! …
Is Bitcoin’s current rally just a bull trap, or is it actually headed for the moon? Trader Alessio Rastani and co-founder of Wintermute Trading, Yoann Turpin, explain why Bitcoin’s upward momentum may be impulsive in nature rather than corrective. Don’t miss the latest episode of Cointelegraph’s crypto market discussions for further analysis of the long term future of Bitcoin and a glance at which altcoins are looking promising at the moment! Bitcoin to Keep Going Higher? Rastani is a believer in Elliott Wave Theory. According to Investopedia, Elliott Wave Theory is a method of technical analysis that identifies impulsive and …
A $30,000 proposal submitted by the group running Dash's Japanese website has just received approval to continue their efforts to get the token relisted in Japan. According to an April 27 update on a DashNexus proposal, Yosuke Suda of Dash Japan has purportedly been working with the Dash Core Group to get DASH back in the hands of Japanese investors. Suda — identified as “Samurai33” — originally posted the proposal on March 10 with the goal of getting the crypto asset “listed on registered crypto asset exchanges in Japan and to gain status equivalent [to Bitcoin].” He also hopes to …
The developers behind major payment-focused cryptocurrency Dash (DASH) announced that they expect to update the project’s “Evonet” test network every roughly six weeks. According to an April 17 announcement, the Dash Core Group plans to release the first update that follows the new schedule between April 22 and May 5. The Dash Core Group expects that frequent updates will allow feedback on whether the design choices are appreciated. As a consequence, the developers will be able to change design direction quickly if feedback reveals that it is necessary. The announcement explains: “Frequent software releases are encouraged as a way of …