Zcash news-Page 13
Hacked Crypto Exchange Coincheck Confirms Removal of Four Anonymity-Focused Altcoins
Recently hacked Japanese crypto exchange Coincheck will end trading for four privacy-oriented cryptocurrencies, Monero (XMR), Zcash (ZEC), Dash (DASH), and Augur (REP), Cointelegraph Japan reported May 18. Following reports from back in March, the exchange has now officially confirmed the removal of the four anonymity-focused coins will come into effect June 18. According to Coincheck’s blog, the exchange will remove the four cryptocurrencies to comply with counter-terrorist financing (CFT) and anti-money laundering (AML) measures recently issued by Japan’s financial regulator, the Financial Services Agency (FSA). The FSA has been especially active in regulating domestic crypto exchanges, specifically around customer protection, …
United States / May 20, 2018
Edward Snowden On Bitcoin: World Needs Better Option To Avoid Gov’t Coercion
US whistleblower Edward Snowden voiced concerns over Bitcoin’s long-term prospects in an interview on March 22, saying the cryptocurrency’s public Blockchain made it susceptible to abuse. Speaking via webcam in an interview with Coin Center director of research Peter Van Valkenburgh at the Blockstack Berlin 2018 conference, Snowden agreed Bitcoin’s ledger was “devastatingly public.” “The much larger structural flaw, the long-lasting flaw, is its public ledger,” he said of Bitcoin, adding that he nonetheless “may” have used it to buy server infrastructure in 2013. Bitcoin’s future remains a hot topic of debate this year as technical improvements to its network …
Bitcoin / March 23, 2018
Altcoins Use Bitcoin Ecosystem to Leapfrog Forward, Grow Faster
Anybody who was drawn to Bitcoin in the very earliest days might have been put off by one significant fact. Bitcoin’s biggest exchange, where they would likely go to purchase the currency, was bizarrely called: “Magic the Gathering Online Exchange,” or Mt. Gox for short. Anybody who was confused as to why they needed to go to a “Magic the Gathering” website to purchase Bitcoin probably just went ahead and closed their browser. A nascent economy Mt. Gox is just one example of the type of services (or lack thereof) provided during Bitcoin’s infancy. Eventually more reputable exchanges would come …
Altcoin / Sept. 11, 2017
Insider Crypto Tips: Who to Back for Big Bucks
While there are a few ways in which to work cryptocurrencies, from day-trading to holding, it is still widely recognised that a long-term investment is best. However, making the right call on one of the many coins out there is difficult. Below, some well known cryptocurrency investors share their tips and secrets, and give a top three pick of the coins they are holding onto for a big payday down the line. Logan Kugler, Managing Partner at General Crypto 1 - Ripple (XRP) “Ripple is going after SWIFT, and their token XRP could entirely change the way we send money …
Altcoin / Aug. 28, 2017
With Launch of Zcash Approaching, Mining Companies Get Prepared
Prepared in partnership with Genesis Mining. The October 28 launch of Zcash has increased the community interest in the privacy-focused cryptocurrency. As Bitcoin Core prepares its own privacy feature Mimblewimble, Zcash hopes to become the first cryptocurrency that is “all about privacy.” Founded by cryptography expert Zooko Wilcox and advised by prominent figures including Vitalik Buterin, Zcash is a cryptocurrency based on an innovative cryptography called zkSNARKs. Initially, the concept of Zcash was introduced by Wilcox to provide a sense of anonymity between senders, receivers, and the value of transactions. Moreso, the transparency of public Blockchains allows anyone to trace …
Ethereum / Oct. 20, 2016