With an eye toward alleviating regulatory fears, Dash recently began circulating a primer which works to explain its privacy features. The Darkcoin Past Dash founded the first era of “privacy” coins when it was created by Evan Duffield in the form of “Darkcoin.” The name didn’t come from its potential for nefarious purposes, but rather the notion of “going dark,” or at least not being fully...
Dash is an important cryptocurrency with a long history. When Evan Duffield and his collaborators began the DarkCoin project as X11, he had assessed several issues with what he’s always referred to as “the Bitcoin project.” Privacy Is A Feature, Not A Single Purpose One issue he believed was addressable was the near-transparency of the blockchain. Using various “shuffling” features, DarkCoin...
Decrypt’s Tim Copeland attended a developer conference hosted by the Electric Coin Company in Croatia. He reports that the company is considering the most significant possible changes to its product, Zcash. #2 Privacy Coin Considering Massive Development Pivot If you’re studying crypto, you may have heard of Zcash. It’s a “privacy coin” which allows users to guard their transaction details from...
According to Israeli sources, a man named Afek Zard is charged with stealing around 75,000 Dash from his friend Alexei Yaromenko after learning about cryptocurrency from Yaromenko. Reportedly, Yaromenko trusted Zard alone in his apartment in Eilat, a city at the southern edge of Israel near the Jordanian and Egyptian borders. Dash Worth $9 Million Today Authorities say Zard gained access to the...
By CCN.com: The Dash community has been banging its head against a wall for a while now. As its developers ramp up infrastructure to make mass adoption easier, it loses users in the process. Dash dropped from a number seven crypto in 2017 to 15th place over the last 12 months, losing 92% of value from an all-time high market cap of $11.6 billion. However, in the spirit of better late than never...
By CCN.com: It was another relatively boring trading day in the cryptosphere, at least as far as the major coins go. Way down the list we saw some serious activity in Monero, Dash, Aelf, and something called Holo. As far as Bitcoin and the top 5 coins go, prices remain virtually unchanged from yesterday. Bitcoin Price Sets Sights on $3,600 BitMEX conducted a plurality of the day’s trading on...
The NicheHash crypto mining marketplace contains the majority of the hashpower on the Dash network. A concerned Reddit user raised the alarm today. Single Miner Mining More Than 50% of All Dash Blocks Dash has a total of almost 1,900 Terrhashes per second at time of writing. Meanwhile, NiceHash is responsible for more than 1,000 TH/s across over 25,000 miners. Over $2.2 Million Earned by Single...
Dash has recorded yet another adoption milestone driven by special circumstances in Venezuela, with the sale of more than 66,000 KRIP mobile phones that are designed with special cryptocurrency enhancements optimised for the Dash ecosystem. According to the company, from launch in August 2018 to present, the vast majority of the devices have been sold in Venezuela, making it by far the world's...
Church’s Chicken, an international fast-food franchise known its hand-battered fried chicken, has reportedly partnered with Dash Venezuela to become the first fast-food franchise to accept cryptocurrencies throughout its locations in Venezuela. According to a press release, a strategic alliance between Dash Venezuela and Church’s Chicken Venezuela will see 13 establishments start accepting the...
**Update: The CEO of KFC Venezuela has denied that it will start accepting Dash payments: Public apology from Dash Merchant management, regarding media reports on our relationship with KFC Venezuela, and our efforts for Dash to be accepted as a form of payment @KFC_VZLA pic.twitter.com/6LxSEPL2qs — Dash Connects - Venezuela (@dashconnects) December 11, 2018 KFC in Venezuela is accepting...
2018 hasn’t been the best of years for crypto. The sprint for mass adoption has converted into a triathlon in which contestants are starting to sink in the water. One of the (multiple) issues is scaling blockchains for wider use. But if we want more users, we can't expect payments to take longer than they do now. The technology has to be better. If consumers have to stroll idly around a store...
The Venezuelan government has recently launched a Petro savings plan that allows the country’s citizens to put their money into the oil-backed cryptocurrency and “save by means of a certificate.” Venezuela Launches Petro Savings Plan for 18 Million Citizens According to local news outlet Telesur, the savings plan is part of the “Comprehensive National Cryptoasset Plan,” and will in its initial...
Venezuela’s Supreme Court of Justice (TSJ) has recently ordered a national institute to pay indemnities to one of its employees after she suffered a workplace injury in its oil-backed cryptocurrency petro. According to Sputnik, the Supreme Court’s ruling was based on a decree on “Cryptoassets and the Sovereign Cryptocurrency Petro,” which was approved in April by the country’s Constituent...
Crypto project Dash has announced the launch of Dash Text, an SMS-based cryptocurrency transaction service for Venezuelan users, as it builds on its already strong presence in the crypto dependent country. In an announcement released this week, the company said that Dash Text eliminates the need for Venezuelan users to possess smartphones and internet access to carry out crypto transactions...
Dash on Sunday surged as much as 13 percent against the US Dollar as supposed stablecoin tether (USDT) lost over 4 percent of its value. The DASH/USD pair closed yesterday at 155.90-fiat while continuing to its slow upside momentum. Today's Asian session witnessed the pair erasing its recent gains and forming intraday lows towards 152.78-fiat. The green candles began appearing after that...
Starting next week, Venezuelans will have to pay their passport fees with the petro, the controversial state-supported cryptocurrency that is allegedly backed by oil. This was announced in a press conference on Friday, Oct. 5, by the country’s vice president, Delcy Rodriguez, ahead of the coin's official launch in November. This follows a similar press release by President Nicolas Maduro, who...
Venezuela’s oil-backed cryptocurrency Petro (PTR) appears to be a “blatant” copy of Dash, as it has the same mining algorithm, similar features, and a part of its whitepaper appears to have been lifted from that of the privacy-centric cryptocurrency. As first pointed out by Ethereum developer Joey Zhou on Twitter, the oil-backed cryptocurrency’s whitepaper has on its 11th page an image that...
FanDuel has announced the return of its flagship fantasy sports competition, Crypto Cup, which gives sports fans the chance to win prizes in DASH. FanDuel Hosts Cryptocurrency Promotion Following the February edition of Crypto Cup, which was based on the NBA playoffs, the new edition follows the NFL and will run from today, Sept. 9, to Sunday, Jan. 6. The FanDuel Crypto Cup is back— with Dash as...
Dash (DASH) is currently experiencing a strong price surge, rising about 20 percent in the space of 24 hours as news coming out of Venezuela indicates that it is experiencing a solid increase in adoption by users fleeing the bolivar's six-figure inflation rate. Hyperinflation, Petro, and Dash CCN reported recently that Venezuelan president Nicholas Maduro announced the creation of the "Sovereign...
Earlier in the year cryptocurrency Dash and the Blockchain Research Lab of Arizona State University announced a US$350,000 partnership. Now, out of a study conducted under the partnership, a report dubbed ‘Block Propagation Applied to Nakamoto Network’ has been released highlighting the scaling challenges as well as the potential opportunities for the Dash blockchain. To conduct the research...
Dash CEO and former Wall Street executive Ryan Taylor spoke out about the recent Wall Street activity seen in the cryptocurrency space recently, with ICE establishing a bitcoin market and financialization coming in from other avenues of the traditional finance world. Dash CEO Explains Why He Left Wall Street to Go All in on Crypto In an exclusive interview, Taylor told CCN: "I was led away from...
Bitmain has announced the launch of two internet routers that can mine Dash and Siacoin. In a tweet shared online, the company said the new miners, known as the Antrouter R3-DASH and Antrouter R3-SIA, will function as internet routers that can mine cryptocurrencies at the same time using the devices' idle processing power. The routers are models from Bitmain's R3 series of products, which already...
Pornhub, the largest pornographic-video platform in the world, is set to integrate Tron. In April, CCN reported that Verge, a privacy-focused cryptocurrency, disclosed its strategic partnership with Pornhub, with the announcement made by Pornhub vice president Corey Price, who stated: "The volatility of crypto is concerning for subscriptions with recurring payments. As such, at present, we aren't...
Jameson Lopp, a former lead engineer at BitGo and a prominent Bitcoin developer, has criticized Netflix, the $159 billion entertainment giant, for one of its “Explained” series focused on Bitcoin and the cryptocurrency market. Wrong Arguments In collaboration with Vox, a US-based media company that runs a popular YouTube channel that delves into difficult subjects and produces informative videos...
Japanese cryptocurrency exchange Coincheck will delist trading pairs for privacy-centric cryptocurrencies monero (XMR), zcash (ZEC), and dash (DASH) next month. The Tokyo-based exchange, which was purchased by brokerage firm Monex following a high-profile January hack that saw the platform lose $530 million in NEM tokens (XEM), announced on Friday that it will no longer facilitate trading for...
Dash Core CEO Ryan Taylor had a nasty surprise yesterday when his social media accounts and cellphone were hacked by "cybercriminals", who gleefully ran amok with his Twitter account in particular by posting vulgar and racist comments and harrassing Justin Sun of Tron. A thread was opened on 4chan, the anonymous online forum in the /biz section which is dedicated to business and finance. In it a...
Japan’s Financial Services Agency (FSA) is pressuring local cryptocurrency exchanges to de-list privacy-centric altcoins such as Monero, Zcash, and Dash. Writing in Forbes, Tokyo-based journalist Jake Adelstein reports that sources close to the FSA say the regulatory agency -- which has sole authority to grant licenses to cryptocurrency exchanges -- is “taking all available steps” to pressure...
Slow transaction times and high fees are causing dark web users to favor Litecoin and, to a lesser extent, Dash, over bitcoin. A new report by Recorded Future, a threat intelligence company, has found that dark web criminals began turning away from bitcoin in 2017 because of slow processing and high fees. Recorded Future analyzed 150 dark web message boards, marketplaces and illicit services and...
When Rory MacDonald squares off against welterweight champion Douglas Lima in Saturday’s Bellator 192 title fight, he will be sporting branded gear from what may seem to be an unlikely sponsor: Dash. MMA Title Contender Rory MacDonald Lands Dash Sponsorship However, as his Twitter followers know, the 28-year-old MacDonald has been active in the cryptocurrency scene since 2014, when his coach...
The dominance index of bitcoin, which measures the dominance of bitcoin over the global cryptocurrency market, has fallen to an all-time low at 37.7 percent, as altcoins surged in value. Bitcoin’s Dominance Index Lowers Throughout 2017, the dominance index of bitcoin has dropped from 90 percent to 37.7 percent, primarily due to the rising popularity and adoption of alternative cryptocurrencies...
The prices of three leading anonymous and privacy-focused cryptocurrencies Dash, Monero, and Zcash have surged in South Korea, amidst local market’s concerns over the South Korean government’s plans to impose gains taxes on cryptocurrency investment. Across Bithumb and Coinone, two of the largest cryptocurrency exchanges in the South Korean market, the prices of Dash, Monero, and Zcash have...
Dash price climbed higher today, rising to $1,557.97 for a market capitalization exceeding $12 billion, marketcap data from CCN shows. The price marked a record high for the currency, which began rising this past spring. Dash’s rise accelerated significantly, jumping from $1,126.85 yesterday to $1,576.93 at 15:34:03 UTC today. Dash more than doubled the all-time high of $600 that it reached about...
The bitcoin dominance index has fallen below 50 percent for the first time since October, as alternative cryptocurrencies in the market such as Ethereum, Litecoin, and Ripple demonstrated strong performance over the past week. After a week-long rally, Ethereum, Litecoin, Ripple, Cardano, IOTA, Dash, NEM, and EOS, all of the top 10 cryptocurrencies with the exception of bitcoin and Bitcoin Cash...
The cryptocurrency markets continued to swell on Wednesday, fueled by the bitcoin price's seemingly unstoppable Q4 rally. Coupled with strong performances from dash and monero, the combined value of all cryptocurrencies is preparing to cross another major milestone. The cryptocurrency market cap began the day near $241 billion, and -- following a mid-day dip -- engaged in a steady advance. At...
Bitcoiners have had a wild weekend from November 11 to 12, as bitcoin keeps struggling to maintain its price above the $6,600 mark, after plunging from $7,300 to $5,600 in only two days. As recently covered by CCN, the number one cryptocurrency recently developed a backlog of over 100,000 transactions, in which millions worth of bitcoin are stuck, waiting for confirmations. Bitcoin Cash, partly...
It’s no secret that at CCN, we are long-term believers in the power of the blockchain to reshape and better society in innumerable ways. Following the recent enthusiasm and inevitable profit-taking that resulted in what might look like a bubble popping, we thought it a good time to go over some of the ways blockchains will revolutionize society, no matter the current value the tokens which power...
After setting new highs in the last day, the crypto market, led by bitcoin, has given back some of its record gains in the last 24 hours, although valuations remain close to record highs. Bitcoin dropped 1.16 points in the last 24 hours to $4,499.35, falling from a record $4,964.54 the previous day. However, the market leader gained 6.27 points for the last 7-day period, according to...
Dash and Monero, two privacy-focused cryptocurrencies with very different designs (Dash being the original implementation of Evan Duffield’s X11 algorithm while Monero is an implementation of the Cryptonote protocol), have taken the opportunity over the past couple of weeks to steadily rise to all-time highs. Monero Monero, which means money in Esperanto [link regarding Esperanto], was seeing...
Bitcoin continued its upward pricing movement Friday, recovering from a temporary setback when bitcoin cash launched on Aug. 1. Bitcoin’s price gained 3.86 percentage points in the last 24 hours, according to coinmarketcap.com. Bitcoin cash, by contrast, lost 34.56 points, by far the biggest loss of any of the top 50 cryptos during the 24-hour period. Total market capitalization held at $101.808...
Bitcart, an Ireland-based discount gift card platform, has launched a QR code and NFC integrated wristband to allow festival and bar goers to pay for food and drinks using Dash. Users of the platform, called Festy, do not need a wallet, cell phone or credit card to pay with Dash. Festy links directly to the user’s Dash account, meaning funds are not stored on the Festy platform...
While other cryptocurrency prices have been slipping, Dash picked up steam with the recent announcement of its Apple-approved status. After a long, complex back and forth with the technology giant, Dash Core has succeeded in demonstrating to the Apple App Store team the value, and stability, of their wallet app as well as the viability of Dash the cryptocurrency. To date, the App Store has only...
Apple has approved Dash as digital currency, reversing an August 2016 decision to deny Dash entry to the App Store for applications that integrate Dash, including the Dash wallet. Apple reversed its decision following an appeal. Dash can now integrate into any relevant application in the iOS App Store, including multi-blockchain wallets and Dash’s wallet, according to a Dash announcement. A Big...
Cryptocurrency adopters in Venezuela are currently surviving government failures partly thanks to digital currencies, such as bitcoin and dash, which help them buy food and groceries from other countries. As previously covered by CCN, hyperinflation and government policies prevent most people in the country from accessing foreign currencies, which led to a serious of problems, including food...
Charlie Shrem was among the first who started to turn more focus on bitcoin when he founded BitInstant in 2011. Since the entrepreneur was doing business while a bitcoin was only worth a few dollars, not $2,600, his firm became on of the biggest on the market. According to Fortune's profile, Shrem handled approximately one-third of all bitcoin transactions at a time. “You talk to 10 people,”...
Dash Evolution has been designed as a scalable and user-friendly currency platform for mass adoption. Evan Duffield and Andy Freer of Dash Labs and Dash Core CTO, respectively have developed a roadmap for reaching this goal, and have provided a summary of this roadmap on Dash.org. The user capacity will increase with each development stage. Dash plans to double the number of developers...
The rapid expansion of cryptocurrency trading has made it harder than ever for traders to keep up with changing prices and market conditions. The CryptoPing subscription bot makes it possible to do this, and has attracted the attention of 25,000 new users since it launched earlier this year with about 500 new users joining each day. On May 25, CryptoPing launched an ICO that will extend to June...
X11 cryptocurrency Dash, formerly DarkCoin, has a dedicated community arm which aims to spread the gospel of Dash, whose founder, Evan Duffield, has always put the user first. Dash began as Darkcoin in 2013 and has always focused on resisting miner dominance (by using a multitude of cryptographic algorithms), innovation, and resolution of both potential and existing problems. Dash resolved any...
BitCart, an Ireland-based discount gift card platform, is no longer accepting bitcoin due to slow processing times and is now accepting Dash only. Slow bitcoin transaction confirmations were crippling the company’s ability to provide a 24-hour turnaround to customers. The company’s decision to only accept Dash reflects that cryptocurrency’s expanding use. Dash has shot from a market cap of $77...
The billion dollar cryptocurrency club recently got a new member: Dash. The anonymous cryptocurrency recently made it past the $1 billion market cap, although at press time Dash’s market cap has dropped to $952 million, from yesterday's $1.11 billion, according to data from CoinMarketCap. The drop may be justified with traders cashing in on the incredible price surge. Yesterday, one token was...
The cryptocurrency ecosystem is on a roll, as its total market capitalization has surpassed the $50 billion mark. Cyrptocurrency’s market cap hit $53.726 billion today, according to coinmarketcap.com. Most altcoins bounced back after a recent surge ended yesterday, when all but a handful of altcoins with $100 million and more in capitalization suffered losses. Bitcoin has led the charge, posting...