Grayscale has proposed an ETF focusing on privacy and cybersecurity, aiming to track companies in data security and technologies like blockchain. The ETF plans a 10% investment in the Grayscale Zcash Trust, integrating cryptocurrency investments with traditional stock markets. Grayscale has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) that focuses on the burgeoning sectors of privacy technology and cybersecurity.    The proposed Grayscale Privacy ETF is designed to track the performance of companies operating within ..read more

Dash and Zcash have plummeted after the OKX exchange announced that it would be delisting both tokens in a renewed crackdown against privacy coins. The exchange blamed the delisting on user feedback, but most delisted coins fall into the privacy coins category, with regulatory pressure forcing the exchange’s hand. The crackdown on privacy coins is reigniting yet again, with OKX being the latest major global exchange to cease supporting these controversial tokens. The exchange announced recently that it would no longer offer trading services for the likes of Dash and Zcash among the casualti ..read more

The European Central Bank is stepping up its effort to launch the much anticipated CBDC (digital Euro) as its necessity sparks massive debate.  Josh Lipsky of the global CBDC tracker at the Atlantic Council has stated that the entire process of the digital Euro implementation could inspire other countries to consider its adoption.  Central Bank Digital Currency (CBDC) is appealing to the global economy as central banks worldwide seek to revolutionize their traditional systems. According to a report, 130 countries, representing 98 percent of the global economy are exploring digit ..read more

The recent reports that BRICS have agreed to replace the USD with a common currency for trade have called for the need for the US to mitigate the effect.  While many expected the US to use CBDC to take on the BRICS, U.S. Federal Reserve Governor Michelle Bowman believes there is no need.  A recent BRICS summit in South Africa re-emphasized the decision to end the US Dollar dominance by the introduction of another currency. According to an excerpt from the recent meeting, the member countries would trade among themselves in their local currencies as an initial step to replace the ..read more

Argentina’s Central Bank has doubled down on its CBDC solution, the Digital Peso. Despite the growing push toward CBDCs, consumers are still embracing privacy coins enmasse. The Central Bank of Argentina, Banco Central de la República Argentina, (BCRA) has taken a significant stride in the digital finance world by introducing its Central Bank Digital Currencies (CBDCs) dubbed “digital peso” with a strategic aim to enhance tax collection processes. This forward-thinking initiative is poised to address the country’s long-standing economic challenges, paving the way for a more prosperous ..read more

Community fears of a 51% attack on ZCash mount as the majority of its hashrate is controlled by ViaBTC. ViaBTC on the other hand has allayed all fears it can launch an attack on ZCash. Recent events have sparked worries about the security of privacy-focused cryptocurrencies, particularly ZCash (ZEC). As a single pool, ViaBTC, has come to dominate its hash power, raising concerns about a possible 51% attack. The Risks of a 51% Attack on ZCash The recent revelation regarding ViaBTC’s increasing hash power dominance over ZCash has raised significant concerns within the crypto community. This d ..read more

The Minnesota Congressman has introduced a bill that seeks to protect citizens from surveillance and uphold financial privacy. Market experts are opposed to the launch of a Central Bank Digital Currency (CBDC) which can easily be weaponized against users. Minnesota congressman Tom Emmer has reintroduced a bill that seeks to protect U.S. citizens from any possible surveillance through a Central Bank Digital Currency (CBDC). The CBDC Anti-Surveillance State Act aims to protect users from monitoring and tracking by government authorities. It further aims to uphold financial privacy rights. Sin ..read more

Most Canadians find limited incentive to adopt a Central Bank Digital Currency (CBDC) due to readily available financial services. Despite discussions around CBDCs, the relevance and importance of physical cash remain vital, especially for offline transactions. Recent findings from the Bank of Canada, corroborated by reports from Cointelegraph, shed light on the reluctance of Canadians to readily adopt a Central Bank Digital Currency (CBDC). Let’s delve into why the digital ‘loonie’ isn’t enticing enough for the majority of the country’s population. Our latest survey results show that 92 ..read more

Australia’s transition to a cash-free society is amplifying the role of cryptocurrencies, including Monero, ZCash, and Dash, as alternative payment methods. The rejection of CBDCs and embrace of decentralized currencies mark a critical shift, with user base and decentralized exchange volume growing significantly. Following update to our previous post on the Bank of England Closing Down Accounts of People, and a revealing tweet by WhaleChart, we’re examining Australia’s significant move towards a cashless society. Bitcoin and crypto is more important than ever. Australia is going cash free ..read more

A prominent banking insider expresses reservations about Central Bank Digital Currencies (CBDCs) and their impact on financial privacy and autonomy. The insider advocates privacy-focused cryptocurrencies like Monero, Dash, and ZCash to safeguard financial independence. In an exclusive interview on a popular video-sharing platform, a banking insider sounded the alarm about Central Bank Digital Currencies (CBDCs) rise and their potential implications for financial privacy and autonomy. The insider urges individuals to consider privacy-focused cryptocurrencies like Monero, Dash, and ZCash to s ..read more