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Privacy Token Liquidity Hits Record Low of $5 Million Amid Market Volatility, Report

A new report by Kaiko reveals that the liquidity for privacy tokens has plummeted to an all-time low of just $5 million. This drop follows the delisting of several trading pairs by OKX for not meeting certain criteria. Regulatory Challenges Behind Delisting Regulatory pressures have particularly impacted tokens like Monero (XMR) and Zcash (ZEC), pushing them to the brink of being delisted from platforms like Binance due to low liquidity. Despite the market turmoil, the end of...

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Important Binance Announcement Affecting These 12 Cryptocurrencies

TL;DR Binance has added 10 digital assets, including privacy coins like Monero (XMR) and Zcash (ZEC), to its closely monitored list, with potential risks of delisting based on various criteria. Other exchanges like OKX are also scrutinizing privacy coins, aligning with international regulatory trends concerning these types of cryptocurrencies. Binance to Pay Special Attention to These Cryptocurrencies The world’s largest cryptocurrency exchange – Binance – announced the...

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OKX Delisting Privacy Tokens in 2024

OKX has announced that it is deleting 11 trading pairs. These changes will go into effect from early January 2024. For years, privacy tokens have been controversial in the crypto industry. Privacy tokens are cryptos that cannot be traced and offer complete anonymity for those who use them. Some see them as useful and necessary for preserving the privacy of users and others see them as dangerous. Now, the popular crypto exchange OKX has announced that it will be delisting several privacy...

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Worldcoin (WLD) Soared 35% on Sam Altman Remark; Are Monero (XMR) and InQubeta (QUBE) Set for an Upswing?

The excitement in the crypto market has peaked as the “humanness” cryptocurrency, Worldcoin (WLD), surged. This growth spike followed a renewal of interest from a significant figure, Sam Altman, the OpenAI CEO. The 30% increase has put the token at the forefront as analysts offer predictions of its boom in 2024. Amid this development, altcoins like Monero (XMR) and InQubeta (QUBE) show significant upside potential. InQubeta’s revolutionary model attracts investors by allowing...

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Bitrefill: Amazon, Netflix, Uber, Zalando, Swisscom und Coop

Bitrefill ist eine Plattform, die eine breite Palette digitaler Geschenkkarten und mobiler Aufladedienste anbietet. Gegründet im Jahr 2014 ermöglicht Bitrefill Benutzern die Verwendung von Kryptowährungen wie Bitcoin, Ethereum und Litecoin, um Geschenkkarten von verschiedenen Händlern zu erwerben, darunter Amazon, Netflix, Uber, Airbnb, und um Mobiltelefone in über 170 Ländern aufzuladen. In diesem Artikel werden wir genauer darauf eingehen, was Bitrefill ist und welche Vorteile es den...

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Redefining Crypto Standards with Bitcoin Spark, Avalanche, Stellar, and Monero

The crypto landscape has evolved significantly since the inception of Bitcoin (BTC). And market observers suggest Bitcoin Spark (BTCS), Avalanche (AVAX), Stellar (XLM), and Monero (XMR) are redefining crypto standards. Avalanche Avalanche is a blockchain platform that seeks to tackle the blockchain trilemma of scalability, security, and decentralization with its unique Proof of Stake (PoS) consensus mechanism. Avalanche supports smart contracts and decentralized applications...

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Crypto Fuels Illicit Fentanyl Trade, Report Reveals

Elliptic, a leading blockchain analytics firm, has uncovered a network of 100 individual suppliers facilitating the illicit fentanyl trade by smuggling the precursor chemicals needed to synthesize fentanyl. The criminals have also been using cryptocurrency, specifically Bitcoin, Ethereum, Tron, and Monero, to make payments, facilitating the transfer of funds from buyers to suppliers, with the final destination being Mexico. Elliptic Uncovers Illegal Fentanyl Network In the...

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FBI Confiscated Nearly $2M Worth of Crypto Between March and May 2023: Report

The Federal Bureau of Investigation (FBI) announced confiscating approximately $1.7 million worth of crypto assets from March to May in the United States in a bid to combat illicit activities. The seizures were carried out as a result of numerous breaches in federal regulations. The law enforcement agency took control of $147,000 in Bitcoin (BTC), $800,000 in Ether (ETH), $307,000 in Tether (USDT), 469,000 in Dai, and $20,000 in Monero (XMR) across Arizona, California,...

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Crypto Industry Ripe for Fradusters, BlackBerry Stops 1.5 Million Attacks in 2 Months: Report

Blackberry has detected several malware families that are being used to run massive campaigns for stealing crypto from devices. In the August edition of ‘The BlackBerry Global Threat Intelligence Report,’ the former titan of the smartphone industry found that finance, healthcare, and government are the top three industries with the highest distribution of cyberattacks. Malware Everywhere From March 2023 to May 2023, BlackBerry’s cybersecurity solutions managed to stop over...

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Binance Ceases All Trading of Privacy Coins

Binance – the world’s largest and most popular digital currency exchange in the world – has announced it’s pausing all trading of privacy-centered cryptocurrencies indefinitely. Binance Says No More Privacy-Focused Trading At the time of writing, Binance customers will no longer be able to trade or invest in a wide array of anonymous coins focused on full user privacy. The names include Decred, Secret, Verge, BEAM, Monero, Firo, and Zcash, to name a few. Binance...

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