I never thought I would see Dash added so quickly to US-based regulated exchanges - Coinbase Pro and Binance US. Dash has indeed come a long way from the Darkcoin days. So sad that many of the bigwigs here in Bitcointalk see Dash as a scam. I guess you must know that too.
Only trolls see Dash as a scam, and trolls we can handle  The Bitcointalk forum (outside our ANN) has also changed with regards to sentiment. I consider it far more Dash-friendly now, then a few years ago. |
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Privacy coins getting delisted is just a small side-effect of FATF ruling currently getting implemented by its member countries (all 37 countries). What is far more important is that this FATF ruling impacts anything and everything involving "crypto assets" (all cryptocurrencies, all exchanges, all wallet providers). FATF ruling also includes the so called "travel rule": The travel rule has been a requirement for some time for international banks whenever they transact business
on behalf of the customer. It has however been subject to discussion in the cryptocurrency industry often described
as onerous and infringing on user privacy. The FATF completed recommendations to 37 of its member countries in the
summer. The recommendations included the controversial “virtual asset service providers” that requires crypto exchanges
to share customer information when transferring funds.
The agency gave member nations 12 months to implement the recommendation. Although it is not mandatory, countries
not complying could find themselves on a financial blacklist. Link: https://ciphertrace.com/fatf-crypto-travel-rule/This travel rule directly impacts the privacy of cryptocurrency users (any cryptocurrency user) When you look at the privacy-sensitive data that will flow outwards thanks to this travel rule, there is even a high chance this travel rule will directly violate European Privacy Laws. (European Privacy Laws prohibit the flow of privacy-sensitive data to go outside the EU). Since the FATF ruling (including the travel rule) is not mandatory to implement (its a set of recommendations), i guess its up to countries and exchanges themselfes to decide if they want to follow it or not. I doubt countries will get so easily financially blacklisted by the FATF for not following these recommendations, when there is so little actual money laundering and terrorist funding going through these "crypto assets". |
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Binance Announces New Dash Lending Service And Margin Trading Options Binance is launching their fifth phase of their cryptocurrency lending products on September 20th 2019 6:00 AM (UTC) and will be including Dash in this launch with 14 day fixed terms, as well as margin trading options. Read more - https://dashnews.org/binance-announces-new-dash-lending-service-and-margin-trading-options/Credits : NibiruHybrid
Source : https://bitcointalk.org/index.php?topic=421615.msg52490972#msg52490972Below is what caught my eye and the reason for posting this article as an additional post to my previous post about this topic
-qwiz
Dash gaining more lending integrators
Binance is not the first exchange to integrate Dash into their cryptocurrency lending platform nor to offer users
a competitive return since both YouHodler and Celsius integrated Dash earlier this year. Notably, Celsius started with
Dash at 7.25%, much higher than Bianance’s introductory 3.5%. However, SALT has appeared to be the most popular
lending and borrowing option, so far, with them integrating Dash earlier this year in April and only a few months later
saying that Dash became their second most popular collateral option. Uniquely, SALT allows users to post a Dash masternode
as collateral while still maintaining control of that masternode’s voting and rewards, which technically enables individuals
to more easily acquire a masternode since individuals can borrow the money to get a masternode and then post it as
collateral and use the monthly block rewards towards paying off the SALT loan. As cryptocurrency’s financial ecosystem
develops even further and becomes more robust, individuals will have even less reasons to use the old financial system.
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I think Bitcoin will be trading sideways into 2020, specially after having just read this : VanEck, SolidX Withdraw Bitcoin ETF Proposal From SEC Reviewhttps://www.coindesk.com/vaneck-solidx-withdraw-bitcoin-etf-proposal-from-sec-reviewAnd i also think Altcoin Season is very near. Some altcoins showing signs of new longterm uptrends. This will make them move more independent from Bitcoin. This is a longterm 1W chart of Dash, where you can see how close this cryptoproject is to a new longterm uptrend :  You can check the charts for other altcoins this way as well. When the altcoins have fully processed their current longterm down trend and are starting a new longterm up trend, then we will possibly see an Altcoin Season starting. |
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Dash Added to TurtleNetwork DEX Decentralized Exchange Dash has been added to the TurtleNetwork DEX decentralized exchange, growing decentralized trading options. TurtleNetwork is a decentralized exchange that enables “Open, Trusted, Secure, Distributed Blockchain Network for Everyone”. The integration of Dash joins BTC, LTC, WAVES, DOGE, SYS, WGR, and BCH on the network, which network claims 2289 customers (wallets), 40 nodes, and 280,642 as the highest amount of transactions in a single day. According to the whitepaper, and started as a token on the Waves platform before forking the code and “using TurtleNetwork (TN) as the underlying asset on the Turtle Network and Turtle DEX”. The DEX “exchange [is] accessible from the wallet, allowing every token created on Turtle Network or accessible via Gateways to trade in a decentralized manner”. Read more - https://dashnews.org/dash-added-to-turtlenetwork-dex-decentralized-exchange/Credits : NibiruHybrid
Source : https://bitcointalk.org/index.php?topic=421615.msg52480943#msg52480943
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What i dont understand about the FATF "Travel rule", is why this is direct cause to delist Dash on OKEX, when with Dash only 1% or less of its transactions are of a private nature and the other 99% of its transactions are just as public as Bitcoin and can still be made fully compliable to this new rule from the FATF  Link : https://ciphertrace.com/fatf-crypto-travel-rule/The FATF by introding a new rule that exchanges can not easily integrate (its a ridiculous rule to begin with) are directly and unfairly infringing on crypto usage and crypto development. There are exchanges that simply dont follow this rule for now (exchanges like Binance and Coinbase and a lot more exchanges i suspect). Lets see if this rule survives or not (i think it will be dropped at some point). |
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Whats the point of delisting certain altcoins with privacy enhancements, when even Bitcoin itself is introducing privacy-enhancements to its code base through future upgrades? Two of such BIP's (Bitcoin Improvements Protocol) have already been introduced to the Bitcoin community : Prolific bitcoin developer Pieter Wuille unveiled two Bitcoin Improvement Proposals (BIP) today that offer plans that could prove
foundational to a possible upgrade to the cryptocurrency.
The two proposals, announced on the bitcoin developer email list, describe Taproot, a code change designed to increase bitcoin’s privacy.
Taproot is expected to be bundled together with an upgrade called Schnorr in a soft fork that developers have been looking into for some time,
paving the way for privacy and scalability improvements to bitcoin. Link : https://www.coindesk.com/new-bips-hint-at-upcoming-taproot-bitcoin-soft-forkEven Litecoin and Ethereum are looking for ways to add privacy enhancements to their crypto projects. Will the exchanges start delisting Bitcoin, Ethereum and Litecoin then as well ? Or is it more likely that crypto with its innovations and investment streams will simply flow to those countries (including their exchanges) that have a far more pragmatic and reasonable crypto stance ? |
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Transactions "Dash" onto Coinbase Pro with ChainlocksCoinbase Pro caused quite a stir and gave a nod to Dash's innovations by requiring only 2 confirmations before being tradable. Dash deposits to Coinbase Pro are 12x faster than BTC, 24x faster than BCH, 3x faster than LTC, 9x faster than ZEC, and 1.5x faster than Eth/Eth tokens. Why? Tao examines that question on this episode of CATV.  #DigitalCash #DashNation #ChainlocksCredits : TaoOfSaatoshi
Source : https://bitcointalk.org/index.php?topic=421615.msg52478142#msg52478142
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Dash got listed on Coinbase Pro and will start trading there today. I think its just a select few exchanges, that decided to delist
certain cryptocurrencies to stay on the safe side with regards to regulation and compliance.
Countries that seems to have taken a more hostile stance towards those cryptocurrencies that have the ability to provide
private transactions to its users (and therefore making it harder to regulate and comply with) : Japan - UK - South Korea
For Dash it helps that its privacy technology that users can optionally use is based on CoinJoin, only more sophisticated and
decentralized. Since CoinJoin also exists for Bitcoin (through several wallets having implemented it for Bitcoin and Bitcoin Cash),
there is effectively no legal difference between Bitcoin and Dash. Note that Dash is also forked from Bitcoin code-base and has a high
level of compatability. Dash optional privacy is actually not used much on the Dash network (less then 1% of Dash transactions are of
private nature).
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I knew it, Coindesk waiting till the very last possible day (in this case the day of activation of the Dash pairs), before reporting on Dash listed on Coinbase Pro. I guess better late on reporting on it, then not reporting on it at all. Article looks decent enough and author seems to have been in proper contact with Ryan Taylor, CEO of Dash Core Group. Having said that, this quotation of Ryan that is being used in the article is a bit difficult to follow : It’s important for our users to the access and so its important regulators know the distinction,” he continued. Dash trading should start in about 8 hours (16:00 UTC / 09:00 PST time). Time of my last post edit 07:55 UTC |
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Dash current longterm 1W price trend So close to a new Dash longterm (up?)trend, i can almost smell it
1 Day to go before Coinbase Pro activates the Dash pairs (Dash/USD & Dash/BTC)
Current Dash price : $91.26
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To those wondering why that colored "bump" on top and down below the ANN thread is there and also wonder how to use it : Bumping changes on some boards : by theymos https://bitcointalk.org/index.php?topic=5183553.0Hello Base Bump Power, Mini bumps, Super bumps, Bump Score and Non-Default Sorting |
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Coinbase Pro Confirms Dash Deposits 12 Times Faster Than Bitcoin Dash deposits have been added to Coinbase Pro, which recognizes them as confirmed and secure after two confirmations, or 12 times faster than Bitcoin. Announced last week, Coinbase Pro, the major US-based cryptocurrency exchange behind the popular app Coinbase, has enabled Dash deposits and withdrawals, with trading set to begin this week once enough liquidity has been established. Most notably, Dash deposits to the platform are accepted after only two blockchain confirmations, significantly fewer than what the platform requires of other competing cryptocurrencies. This is likely due to the recent activation of ChainLocks, a method to protect the network against 51% attacks. Read more - https://dashnews.org/coinbase-pro-confirms-dash-deposits-12-times-faster-than-bitcoin/Credits : NibiruHybrid
Source : https://bitcointalk.org/index.php?topic=421615.msg52474566#msg52474566
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