LocalMonero exchange shuts down as crypto privacy services dwindle

A peer-to-peer (P2P) trading platform for privacy coin Monero has shuttered its services effective immediately, adding to the recent wave of crypto privacy closures and arrests.  On May 7, LocalMonero announced that, effective immediately, all new signups and advertisement postings for Monero (XMR) trades are disabled. On May 14, the platform will disable the trading of the … Read more

Cboe reorganization will merge or eliminate digital arm’s activities

Equity exchange network Cboe Global Markets has announced plans to reorganize its digital assets trading operations, including eliminating its digital spot market. Cboe said it will remove digital asset derivative trading from Cboe Digital and integrate it into its Global Derivatives and Clearing businesses. The Cboe Digital Spot Market will close in the third quarter … Read more

Coinbase to launch DOGE futures, says it ‘transcended’ meme origins

Crypto exchange Coinbase believes Dogecoin’s (DOGE) “enduring popularity” suggests it has transcended its meme origins to become a staple in the cryptocurrency industry, with the exchange now planning to launch futures trading products for the cryptocurrency. In three separate letters to the United States Commodity Futures Trading Commission (CFTC) on March 7, Coinbase Derivatives announced its … Read more

Millions in BTC, XMR possibly stolen after reports of darknet market ‘exit scam’

Users of a major darknet marketplace say they’ve been unable to withdraw Bitcoin (BTC) and Monero (XMR) as of Tuesday, March 5, amid growing fears of an “exit scam.” The marketplace — Incognito Market — is known mainly as a platform to trade narcotics and is valued between $10 million to $30 million, according to … Read more

Are privacy tokens under attack? Aleph Zero co-founder explains

In episode 49 of Cointelegraph’s Hashing It Out podcast, host Elisha Owusu Akyaw and guest Antoni Zolciak, co-founder of Aleph Zero, delve into the complex world of privacy in the Web3 ecosystem, with a particular focus on privacy-centric projects. Zolciak, who is deeply entrenched in the evolution of privacy protocols, highlights the challenges and advancements … Read more

Monero hits 5-month low as Binance plans delisting

Major privacy-focused cryptocurrency Monero has plummeted to multimonth lows amid Binance announcing the upcoming delisting of the token from its platform. Binance will delist Monero (XMR) alongside other tokens like Aragon (ANT), Multichain (MULTI) and Vai (VAI) on Feb. 20, 2024, the exchange announced on Feb. 6. As a result of the delisting, Binance will remove all … Read more

Finnish authorities traced Monero transactions tied to Vastaamo hack

Finland’s National Bureau of Investigation reportedly tracked Monero (XMR) transactions as part of an investigation over Julius Aleksanteri Kivimäki’s criminal trial. Kivimäki is accused of hacking a private mental health firm’s database and demanding ransom payments in cryptocurrencies.  According to local media reports, prosecutors dropped new evidence on Jan. 22 showing a crypto trail leading to Kivimäki’s … Read more

ten years of growth, change, advances and retreats

While some digital assets have stood the test of time, others have tumbled below the thousands of new digital currencies that exist today.  Price of Bitcoin on Christmas Day 2023: $43,2542022: $16,8492021: $50,8882020: $23,7602019: $7,2662018: $4,0212017: $14,3022016: $8942015: $4562014: $3182013: $669 — CoinGecko (@coingecko) December 25, 2023 On Dec. 28, the total market capitalization for … Read more