Binance, one of the world’s largest cryptocurrency exchanges, announced the removal of ten trading pairs and six tokens from its platform this August.
Four spot trading pairs set for removalBinance stated that it will delist four spot trading pairs: QNT/BTC, RPL/USDC, SIGN/BNB, and SKL/USDC. Trading for these pairs will cease on August 7 at 03:00 UTC.
The exchange explained that regular reviews of trading pairs are conducted to ensure a quality trading environment. Criteria in these reviews include liquidity and trading volume. Binance reported that pairs with weak trading activity may be removed to protect users and maintain market standards.
Binance explained that pairs may be removed if they fail to meet its liquidity or volume standards, stating that these steps are necessary to protect users and maintain a high-quality market environment.
In connection with these removals, Binance announced that its Spot Trading Bots service for the affected pairs will also end at the same date and time. The company urged users who utilize trading bots on these pairs to adjust their settings or cancel their bots ahead of the delisting date to avoid potential losses.
Additionally, Binance Spot Copy Trading will delist these trading pairs on August 10 at 03:00 UTC.
Six tokens to be fully removedBinance will proceed to delist all spot trading pairs for six cryptocurrencies later in the month: Across Protocol (ACX), Hashflow (HFT), PIVX (PIVX), Vulcan Forged PYR (PYR), Vanar (VANRY), and Viction (VIC). Trading of these tokens will end on August 17 at 03:00 UTC.
Users will not be able to deposit ACX, HFT, PIVX, PYR, VANRY, and VIC on Binance after August 18 at 03:00 UTC. Withdrawals of these tokens will be supported until October 17 at 03:00 UTC. After this period, token withdrawals will be disabled.
Binance also clarified that it will remove Vanar (VANRY) due to its decision not to support the token’s upcoming contract swap.
Mini dictionary: Across Protocol (ACX) is an interoperability solution that facilitates cross-chain transfers. Hashflow (HFT) is a decentralized exchange designed for interoperability and low-fee trading between blockchains. Vanar (VANRY) is a native token for the Vanar Chain project, which focuses on gaming and digital assets.
TokenTrading endsDeposits endWithdrawals endACXAugust 17, 03:00 UTCAugust 18, 03:00 UTCOctober 17, 03:00 UTCHFTAugust 17, 03:00 UTCAugust 18, 03:00 UTCOctober 17, 03:00 UTCPIVXAugust 17, 03:00 UTCAugust 18, 03:00 UTCOctober 17, 03:00 UTCPYRAugust 17, 03:00 UTCAugust 18, 03:00 UTCOctober 17, 03:00 UTCVANRYAugust 17, 03:00 UTCAugust 18, 03:00 UTCOctober 17, 03:00 UTCVICAugust 17, 03:00 UTCAugust 18, 03:00 UTCOctober 17, 03:00 UTCBinance Futures will close all positions on contracts associated with these tokens on August 8 at 09:00 UTC. Automatic settlements will take place at that time, and the contracts will be removed from the platform upon completion of settlement.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Binance, the largest cryptocurrency exchange by volume, has announced a scheduled delisting of six cryptocurrency tokens, including Across Protocol (ACX), Hashflow (HFT), PIVX (PIVX), Vulcan Forged PYR (PYR), Vanar (VANRY) and Viction (VIC) in August.
Binance to halt deposits, withdrawals and tradingSpot trading of all six tokens will be terminated, with all orders automatically removed. Bot trading will also cease where applicable. Binance has advised users to adjust their trading bots before the trade cancellation on August 17 to avoid any potential losses.
Users on Binance copy trading will also be affected by the delisting, with outstanding assets sold forcefully at market price or transferred to spot accounts.
Deposits across all affected tokens will not be credited to the respective user accounts after August 18, while withdrawals will not be supported beyond August 17.
The Binance team added that delisted tokens are likely to be converted to stablecoins but are not guaranteed.
“A separate notification will be made before the conversion where applicable, and the stablecoins will be credited to users’ Binance accounts after the conversion,” Binance advised.
As for derivatives, Binance Futures will terminate all positions and automatically settle active orders across the six delisted tokens on Friday. The respective token contracts will be delisted after settlement is completed. No new orders will be supported after Friday.
“Users are advised to close any open positions prior to the delisting time to avoid automatic settlement. Users are not allowed to open new positions for the contracts of the,” Binance stated.
Binance will also be closing other related services, including the funding rate arbitrage bot, simple earn, dual investment, mining pool, loan and margin.
Although the Vanar project team has scheduled a contract swap event, Binance advised users to proceed with the process via the official migration portal. Binance will not handle the token swap. That said, the exchange is committed to keeping VANRY withdrawals open via the Ethereum (ERC20) and POS networks.
Binance has ramped up token delisting in recent months, reflecting increasing pressure amid the crypto bear market. Smaller tokens appear to be struggling to maintain the required standards and requirements to sustain their listing, especially on liquidity and trading volume.
Binance periodic product reviewsThe Binance team highlighted in the announcement on Monday that the delisting is a result of a periodic review to ensure that every project listed on the platform continues to meet the set standards and industry requirements.
The team’s commitment to the project, quality of development activity, trading volume, liquidity, network safety from attacks and emerging regulations are some of the factors the exchange considers when conducting the reviews.
Bitcoin, altcoins, stablecoins FAQs Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money. This form of payment cannot be controlled by any one person, group, or entity, which eliminates the need for third-party participation during financial transactions.
Altcoins are any cryptocurrency apart from Bitcoin, but some also regard Ethereum as a non-altcoin because it is from these two cryptocurrencies that forking happens. If this is true, then Litecoin is the first altcoin, forked from the Bitcoin protocol and, therefore, an “improved” version of it.
Stablecoins are cryptocurrencies designed to have a stable price, with their value backed by a reserve of the asset it represents. To achieve this, the value of any one stablecoin is pegged to a commodity or financial instrument, such as the US Dollar (USD), with its supply regulated by an algorithm or demand. The main goal of stablecoins is to provide an on/off-ramp for investors willing to trade and invest in cryptocurrencies. Stablecoins also allow investors to store value since cryptocurrencies, in general, are subject to volatility.
Bitcoin dominance is the ratio of Bitcoin's market capitalization to the total market capitalization of all cryptocurrencies combined. It provides a clear picture of Bitcoin’s interest among investors. A high BTC dominance typically happens before and during a bull run, in which investors resort to investing in relatively stable and high market capitalization cryptocurrency like Bitcoin. A drop in BTC dominance usually means that investors are moving their capital and/or profits to altcoins in a quest for higher returns, which usually triggers an explosion of altcoin rallies.
Binance will delist ACX, HFT, PIVX, PYR, VANRY, and VIC on August 17, 2026. Binance based its decision on its evaluation of the exchange’s listing requirements. Binance Monitoring Tag continues to flag potential delistings. Binance is improving its listing policies further through the deletion of six crypto assets from its spot trading platform in August 2026. The platform announced that ACX, HFT, PIVX, PYR, VANRY, and VIC would be delisted from its spot trading platform on August 17, 2026, after its recent analysis of the listing. This demonstrates Binance’s constant effort to assess whether a project is still complying with operational and technical requirements.
The firm does not consider listing a project to be a permanent approval of the listing. Instead, the firm constantly re-analyses the projects to establish whether they are still active enough, have trading volume, and are stable.
Monitoring Tags Remains an Early Warning System The Monitoring Tags mechanism remains as an early warning system for projects under increased listing review by Binance. Binance first added Hashflow’s HFT to its Monitoring Tag on May 22, 2026. It is followed by Vulcan Forged’s PYR and Vanar Chain’s VANRY on July 3, and Across Protocol’s ACX on July 24. Previously, Binance had suspended PIVX’s Margin and Loan products, which later became fully delisted from the spot market.
While there were no specific reasons provided by Binance regarding these projects, the company reviews development activity, team dedication, trade volume, network performance, and compliance with regulations. These coins relate to cross-chain solutions, decentralized trading, privacy tokens, blockchain gaming, layer-one solutions, and the Viction ecosystem, among others.
Holders Make Critical Choices Before the Trading Deadline The deadline for the trading of all six tokens is set on August 17, 2026. Hence will not allow any further trading of these six tokens through spot market trades using the Binance exchange. Normally, when an exchange delists a coin, withdrawal becomes possible. But the holders have to make decisions about trading tokens or withdraw to other wallets or other exchanges. Liquidity is often reduced when coins are delisted from exchanges. This development marks the importance of the Monitoring Tag by Binance as a red flag project marker.
Binance has announced plans to delist six digital assets from its spot trading platform on August 17. The world’s largest cryptocurrency exchange confirmed that users will no longer be able to trade any spot pairs involving Across Protocol (ACX), Hashflow (HFT), PIVX (PIVX), Vulcan Forged PYR (PYR), Vanar (VANRY), or Viction (VIC) after 03:00 UTC on that date.
New delistings and evaluation processThe company stated that it regularly reviews all listed tokens as part of an ongoing effort to ensure that assets meet established standards. Binance examines various criteria, including the development team’s commitment, sustained project activity, trading volume, liquidity, network security, level of community support, and overall transparency. These reviews are intended to safeguard users and maintain the credibility of the platform.
According to Binance, maintaining a rigorous monitoring and evaluation process is essential in a fast-changing industry. Delistings occur when the exchange finds that a token no longer satisfies its listing requirements or fails to adapt to the evolving standards.
Trading in all spot market pairs for ACX, HFT, PIVX, PYR, VANRY and VIC will end at 03:00 UTC on August 17. Binance will continue to conduct periodic reviews of its listed assets and take necessary action to protect users.
Special considerations for VANRYAmong the six assets facing delisting, Vanar (VANRY) receives special mention. Binance confirmed it will not support VANRY’s upcoming contract migration. Users holding VANRY must manually swap their tokens via the migration portal provided by the Vanar project itself, rather than within Binance’s ecosystem.
Withdrawals for VANRY tokens will remain available on both the Ethereum and Polygon networks, allowing holders to transfer their assets outside the exchange even after spot trading ceases.
Mini dictionary: Vanar (VANRY): A digital asset aiming to support metaverse and gaming applications through blockchain-based infrastructure. The project is currently conducting a token contract migration, requiring holders to exchange old tokens for new ones using its dedicated portal.
Previous delistings and 2026 trendsThis move marks Binance’s fourth major round of token delistings in 2026. With the removal of these six coins, the total number of assets scheduled for delisting by Binance this year reaches 21.
In February 2026, Binance removed six cryptocurrencies: ACA, CHESS, DATA, DF, GHST, and NKN. The following April saw the exit of A2Z, FORTH, HOOK, IDEX, LRC, NTRN, RDNT, and SXP. Later that month, BIFI, FIO, FUN, MDT, OXT, and WAN were also delisted, followed by DEGO, DENT, and TRU.
The delisting process continued in May, with Automata Network (ATA), Harvest Finance (FARM), Enzyme (MLN), Phoenix (PHB), and Syscoin (SYS) removed from trading pairs. In June, Contentos (COS), Dar Open Network (D), Highstreet (HIGH), and MOBOX (MBOX) were added to the delisting list.
MonthTokens DelistedNumberFebruary 2026ACA, CHESS, DATA, DF, GHST, NKN6April 2026A2Z, FORTH, HOOK, IDEX, LRC, NTRN, RDNT, SXP; BIFI, FIO, FUN, MDT, OXT, WAN; DEGO, DENT, TRU17May 2026ATA, FARM, MLN, PHB, SYS5June 2026COS, D, HIGH, MBOX4August 2026 (upcoming)ACX, HFT, PIVX, PYR, VANRY, VIC6The series of delistings shows Binance’s ongoing commitment to stringent asset standards and its cautious approach to risk in the volatile crypto market. The company has urged users to check their portfolios and take any necessary actions before the delisting deadline.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
This is a general Binance Exchange Notice. Products and services referred to here may not be available in your region. Fellow Binancians, At Binance, we periodically review each digital asset we list to ensure that it continues to meet a high level of standard and industry requirements. When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it. Our priority is to ensure the best services and protections for our users while continuing to adapt to evolving market dynamics. When we conduct these reviews, we consider a variety of factors. Below are the updated metrics we look at that influence whether we decide to delist a digital asset: Commitment of team to projectLevel and quality of development activityTrading volume and liquidityStability and safety of network from attacksLevel of public communication, community engagement, and transparencyResponsiveness to our periodic due diligence requestsEvidence of unethical/fraudulent conduct or negligenceNew regulatory requirementsMaterial/unjustified increase in token supply or changes to tokenomicsImpact from changes to the project’s ownership structure or to the core team membersCommunity sentiments Based on our most recent reviews, we have decided to delist and cease trading on all spot trading pairs for the following token(s) at 2026-08-17 03:00 (UTC): Across Protocol (ACX)Hashflow (HFT)PIVX (PIVX)Vulcan Forged PYR (PYR)Vanar (VANRY)Viction (VIC) Please note: Binance will not support the Vanar (VANRY) contract swap plan.According to the Vanar (VANRY) project team’s plan, users who wish to swap the current VANRY token need to proceed with the swap themselves via the project’s migration portal. Binance will not handle the token swap.Binance will keep withdrawals open for VANRY token via the Ethereum (ERC20) and Polygon POS networks.The delisting schedule may or may not apply to the products listed below, depending on their association with the token(s) being delisted.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. Spot The spot trading pair(s) of the aforementioned token(s) will be removed.All trade orders will be automatically removed after trading ceases in each respective trading pair. Binance will terminate Trading Bots services for the aforementioned spot trading pairs at 2026-08-17 03:00 (UTC), where applicable. Users are strongly advised to update and/or cancel their Trading Bots prior to the cessation of Trading Bots services to avoid any potential losses. Binance Spot Copy Trading will delist the aforementioned spot trading pairs on 2026-08-10 03:00 (UTC) - After this time, any outstanding assets will be force-sold at market price or moved to the Spot Account if the amount is unsellable. Users are strongly advised to update or cancel their Spot Copy Trading portfolios prior to Binance Spot Copy Trading delisting time to avoid potential losses. Accounts The token's valuation will no longer be displayed in users’ accounts after delisting. To view their assets after trading ceases, users should ensure they have not selected “Hide Small Balances” in all of their accounts.Deposits of these token(s) will not be credited to users’ accounts after 2026-08-18 03:00 (UTC). Withdrawals of these token(s) from Binance will not be supported after 2026-10-17 03:00 (UTC). Delisted tokens may be converted into stablecoins on behalf of users after 2026-10-18 03:00 (UTC). Please note that the conversion of delisted tokens into stablecoins is not guaranteed. A separate notification will be made before the conversion where applicable, and the stablecoins will be credited to users’ Binance accounts after the conversion. In situations where token conversion is not feasible, Binance will keep withdrawals open, subject to network availability. Futures Binance Futures will close all positions and conduct an automatic settlement on the contracts of the aforementioned token(s) at 2026-08-07 09:00 (UTC). The contracts will be delisted after the settlement is complete. Users are advised to close any open positions prior to the delisting time to avoid automatic settlement. Users are not allowed to open new positions for the contracts of the aforementioned token(s) starting from 2026-08-07 08:30 (UTC). In order to protect users and prevent potential risks in extremely volatile market conditions, Binance Futures may undertake additional protective measures toward the contracts of the aforementioned token(s) without further announcements, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier, updating funding rates, such as the interest rate, premium and capped funding rate, changing the constituents of the price index, and using the Last Price Protected mechanism to update the Mark Price. Funding Rate Arbitrage Bot At 2026-08-07 09:00 (UTC), Binance Funding Rate Arbitrage Bot will close all arbitrage strategies and conduct an automatic settlement on the symbols of the aforementioned token(s). The pairs will no longer be available for opening new arbitrage strategies upon delisting. Simple Earn Binance Simple Earn will delist the token(s) mentioned above after 2026-08-10 07:00 (UTC). Users may choose to redeem their Flexible and Locked Products positions beforehand. Otherwise, these Flexible and Locked Products positions will be automatically redeemed at the above-mentioned time, and subsequently transferred to users’ Spot Accounts, together with any accrued rewards. Dual Investment Binance Dual Investment will cease support for the aforementioned token(s), and users will not be able to subscribe to these products starting from the subsequent Friday at 08:00 (UTC). Unsettled subscriptions will be refunded on the subsequent Friday at 08:00 (UTC). The asset, including rewards, will be distributed to users’ Spot Accounts within 4 hours. The rewards will be calculated based on the actual subscription period. Mining Pool Binance Pool will cease support for mining the token(s) mentioned above at 2026-08-07 3:00 (UTC). Your final payment will be settled on the following day. We strongly advise all users to stop mining the token(s) before Binance Pool ceases mining support for the token(s) to avoid any potential losses. Loan At 2026-08-07 07:00 (UTC) VIP Loan and Flexible Loan will close all outstanding loan positions for the aforementioned token(s) as loanable token(s) and collateral token(s). Users are strongly advised to repay their outstanding loans before the automatic closure to avoid any potential losses, where applicable. Margin Cross Margin & Isolated Margin Binance Margin will delist the aforementioned token(s) from Cross and Isolated Margin at 2026-08-07 10:00 (UTC) (the “Margin Scheduled Delisting Time”). The cross and isolated margin pair(s) of the aforementioned token(s) will be removed from Margin. Effective immediately, users will no longer be able to transfer any amount of the aforementioned token(s) via manual transfers and Auto-Transfer Mode for Cross and Isolated Margin into their Margin Accounts. If users hold outstanding liabilities of said tokens, these users may only manually transfer up to the amount of liabilities of that token into their Margin Accounts, less any collateral already available.At 2026-08-04 06:00 (UTC), Binance Margin will suspend borrowings on the aforementioned cross margin token(s) and isolated margin pair(s). At the Margin Scheduled Delisting Time, Binance Margin will close users’ positions, conduct an automatic settlement, and cancel all pending orders on the aforementioned isolated margin pair(s), which will then be removed from isolated margin.At the Margin Scheduled Delisting Time, if users hold both collateral and liabilities of the aforementioned token(s) on cross margin, the collateral will be used to repay the respective liabilities. If there are remaining collateral or liabilities of the aforementioned token(s), one of two options below will occur:If users only hold the aforementioned token(s) in the form of collateral: If the Collateral Margin Level (CML) is above 2, the aforementioned token(s) will be transferred to users’ Spot Accounts, up to the point when the CML reaches 2. The remaining token(s) in their Cross Margin accounts that are to be delisted will then be fully sold. If the CML is below 2, the remaining token(s) in users’ Cross Margin Accounts that are to be delisted will be fully sold. If users only hold the aforementioned token(s) in the form of liabilities:If CML is at or above 2, pending orders will not be affected. If the CML is below 2, all pending orders in their Cross Margin Accounts will be canceled. The system will then sell other collateral tokens to buy and fully repay the delisting token(s)’ liabilities.Please note that users will not be able to update their positions during the delisting process, which may take approximately 3 hours. Users are strongly advised to close their positions and/or transfer their assets from Margin Accounts to Spot Accounts prior to the cessation of margin trading. Binance will not be responsible for any potential losses. Portfolio Margin If the aforementioned token(s) remain in the Portfolio Margin Account after the Margin Scheduled Delisting Time, they will be automatically liquidated. The delisted margin assets will be sold for USDT, and the proceeds will be added to the user's Portfolio Margin balance. Binance is not liable for any losses incurred.Portfolio Margin users are advised to transfer the aforementioned token(s) out of their Margin Accounts to their Spot Accounts and to top up their margin balance before the Margin Scheduled Delisting Time where applicable. Users should monitor the Unified Maintenance Margin Ratio (uniMMR) closely to avoid any potential liquidation that may result from the removal of the aforementioned token(s) from the Margin Account. Please Note: For futures perpetual contracts, please refer to the relevant Futures announcements. Refer to this FAQ for more information on how any remaining balances of the aforementioned token(s) in Portfolio Margin users’ Margin Accounts will be treated. Convert Binance Convert will subsequently delist the aforementioned token(s) and all associated pair(s) at 2026-08-17 02:00 (UTC)Convert Low-Value Assets will delist the token(s) mentioned above at 2026-08-14 02:00 (UTC). Users may choose to convert the low-value assets beforehand. Buy & Sell Binance Buy & Sell Crypto will delist the aforementioned token(s) and all associated pair(s) at 2026-08-04 03:00 (UTC). Gift Card Binance Gift Card will delist the token(s) mentioned above at 2026-08-17 03:00 (UTC). Users are encouraged to manage Gift Cards containing these token(s) in advance to avoid any inconveniences. Pay Binance Pay will delist the aforementioned token(s) at 2026-08-07 03:00 (UTC). We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth. Thank you for your support! Binance Team 2026-08-03
US crypto-related stocks were broadly lower in pre-market trading, with Coinbase down 1.25% and Circle down 5.45%.
According to Bit.com (BIT) market data, most U.S. crypto-related stocks declined in pre-market trading. SharpLink (SBET) fell 1.52%, Bitmine Immersion (BMNR) dropped 2.20%, Bullish (BLSH) declined 1.33%, Circle (CRCL) fell 5.45%, Strategy (MSTR) dropped 1.23%, and Coinbase (COIN) declined 1.25%. Circle posted the largest pre-market decline among the group.
5 minutes ago
Survey: Switzerland's cryptocurrency usage rate reaches 23%, more than twice that of Germany.
Bearingpoint’s latest survey reveals that 23% of Swiss adults use cryptocurrencies at least occasionally — a rate notably higher than Austria’s 18% and Germany’s 11%. Furthermore, 37% of Swiss respondents view cryptocurrencies as worthy investments, 45% think they could become international trade or reserve currencies in the future, and 44% are willing to use central bank digital currencies (CBDCs); all these proportions exceed those of Germany and Austria. The report points out that since Switzerland enacted the DLT Act in 2021, it has developed a mature crypto ecosystem, with Crypto Valley home to 1,749 blockchain and DLT enterprises. Germany, meanwhile, plans to expand crypto asset services via traditional banking channels including DZ Bank and Dekabank to close the adoption gap with Switzerland.
5 minutes ago
Bithumb will suspend EGLD deposits and withdrawals to support the MultiversX network upgrade.
According to official announcements, to support the MultiversX (EGLD) network upgrade, Bithumb will suspend EGLD deposit and withdrawal services starting from August 6 at 18:00 KST. The upgrade is scheduled to take place at 2:00 KST on August 7, and deposit/withdrawal services will resume once the network stabilizes. Trading functions remain unaffected.
5 minutes ago
Bitwise’s SOL ETF has accumulated nearly $900 million worth of SOL in purchases, accounting for nearly 80% of the total capital inflow into U.S. SOL ETFs.
According to data from Arkham, Bitwise’s BSOL ETF has accumulated purchases of approximately $891.9 million worth of SOL. BSOL is currently the largest SOL ETF, attracting nearly 80% of the inflows into the U.S. SOL ETF market.
5 minutes ago
Bank of Korea Purchases Refined Gold Bars for First Time in 13 Years
The Bank of Korea (BOK) said Monday it will partner with LS MnM, Korea Exchange (KRX), and Korea Securities Depository (KSD) to purchase domestically produced gold for the first time in 13 years via over-the-counter (OTC) transactions. The move comes as geopolitical risks have heightened South Korea’s need to diversify its foreign exchange reserves. LS MnM and Korea Zinc produce around 40 to 45 tons of gold annually as a smelting byproduct, with roughly 10% exported. The central bank noted it will consider using KRX’s trading and settlement systems and the warehousing facilities currently under development by KSD to purchase some of the exported gold, provided relevant companies submit applications. The BOK said it will arrange bulk transactions after prior consultations on price and volume to limit impacts on domestic gold prices, adding the new channel should reduce foreign exchange risks, as previous overseas gold purchases were paid in U.S. dollars. Additionally, the central bank acquired a small amount of gold ETFs in the second quarter. As of July, its gold holdings remained unchanged at 104.4 tons. South Korea’s foreign exchange reserves stood at $427.36 billion at the end of June, including $4.79 billion in gold reserves. (Jin10)
5 minutes ago
Yuezhi Anmian (Kimi) responds to Hong Kong IPO rumors: the news is untrue.
On August 3, Kimi (Yuezhi Anmian) plans to submit its Hong Kong IPO application as early as this month, with a potential fundraising of around $3 billion. In response, Kimi stated that the news is untrue.
US crypto-related stocks were broadly lower in pre-market trading, with Coinbase down 1.25% and Circle down 5.45%.
According to Bit.com (BIT) market data, most U.S. crypto-related stocks declined in pre-market trading. SharpLink (SBET) fell 1.52%, Bitmine Immersion (BMNR) dropped 2.20%, Bullish (BLSH) declined 1.33%, Circle (CRCL) fell 5.45%, Strategy (MSTR) dropped 1.23%, and Coinbase (COIN) declined 1.25%. Circle posted the largest pre-market decline among the group.
5 minutes ago
Survey: Switzerland's cryptocurrency usage rate reaches 23%, more than twice that of Germany.
Bearingpoint’s latest survey reveals that 23% of Swiss adults use cryptocurrencies at least occasionally — a rate notably higher than Austria’s 18% and Germany’s 11%. Furthermore, 37% of Swiss respondents view cryptocurrencies as worthy investments, 45% think they could become international trade or reserve currencies in the future, and 44% are willing to use central bank digital currencies (CBDCs); all these proportions exceed those of Germany and Austria. The report points out that since Switzerland enacted the DLT Act in 2021, it has developed a mature crypto ecosystem, with Crypto Valley home to 1,749 blockchain and DLT enterprises. Germany, meanwhile, plans to expand crypto asset services via traditional banking channels including DZ Bank and Dekabank to close the adoption gap with Switzerland.
5 minutes ago
Bithumb will suspend EGLD deposits and withdrawals to support the MultiversX network upgrade.
According to official announcements, to support the MultiversX (EGLD) network upgrade, Bithumb will suspend EGLD deposit and withdrawal services starting from August 6 at 18:00 KST. The upgrade is scheduled to take place at 2:00 KST on August 7, and deposit/withdrawal services will resume once the network stabilizes. Trading functions remain unaffected.
5 minutes ago
Bitwise’s SOL ETF has accumulated nearly $900 million worth of SOL in purchases, accounting for nearly 80% of the total capital inflow into U.S. SOL ETFs.
According to data from Arkham, Bitwise’s BSOL ETF has accumulated purchases of approximately $891.9 million worth of SOL. BSOL is currently the largest SOL ETF, attracting nearly 80% of the inflows into the U.S. SOL ETF market.
5 minutes ago
Bank of Korea Purchases Refined Gold Bars for First Time in 13 Years
The Bank of Korea (BOK) said Monday it will partner with LS MnM, Korea Exchange (KRX), and Korea Securities Depository (KSD) to purchase domestically produced gold for the first time in 13 years via over-the-counter (OTC) transactions. The move comes as geopolitical risks have heightened South Korea’s need to diversify its foreign exchange reserves. LS MnM and Korea Zinc produce around 40 to 45 tons of gold annually as a smelting byproduct, with roughly 10% exported. The central bank noted it will consider using KRX’s trading and settlement systems and the warehousing facilities currently under development by KSD to purchase some of the exported gold, provided relevant companies submit applications. The BOK said it will arrange bulk transactions after prior consultations on price and volume to limit impacts on domestic gold prices, adding the new channel should reduce foreign exchange risks, as previous overseas gold purchases were paid in U.S. dollars. Additionally, the central bank acquired a small amount of gold ETFs in the second quarter. As of July, its gold holdings remained unchanged at 104.4 tons. South Korea’s foreign exchange reserves stood at $427.36 billion at the end of June, including $4.79 billion in gold reserves. (Jin10)
5 minutes ago
Yuezhi Anmian (Kimi) responds to Hong Kong IPO rumors: the news is untrue.
On August 3, Kimi (Yuezhi Anmian) plans to submit its Hong Kong IPO application as early as this month, with a potential fundraising of around $3 billion. In response, Kimi stated that the news is untrue.
Binance is pulling the plug on six tokens next month. ACX, HFT, PIVX, PYR, VANRY, and VIC will all be removed from spot trading on August 17, 2026, marking the latest culling in the exchange’s ongoing effort to prune projects that don’t meet its listing standards.
For holders of these tokens, the math is simple: get out before the deadline, or deal with the headache of withdrawing assets to external wallets after liquidity evaporates.
The monitoring tag pipeline Binance has a system called the Monitoring Tag, which is essentially a yellow card for tokens showing elevated volatility or signs of non-compliance with the exchange’s requirements. HFT was the first of this group to land on the Monitoring Tag, getting flagged back on May 22, 2026. PYR and VANRY followed on July 3, 2026. ACX joined the list on July 24, 2026. PIVX had already been removed from Binance Margin and Loan trading pairs on April 17, 2026, a clear signal that the exchange was distancing itself from the project well before the final delisting announcement.
Advertisement
PYR saw roughly an 11% price drop after being added to the Monitoring Tag on July 3. VIC’s inclusion rounds out the list.
What each project does, and why it’s being cut ACX is the token for Across Protocol, a cross-chain bridge focused on fast transfers. HFT powers Hashflow, a decentralized trading protocol. PIVX is a privacy-focused cryptocurrency that’s been around since 2016. PYR is the native token of Vulcan Forged, a blockchain gaming ecosystem. VANRY belongs to Vanar Chain, a layer-1 network targeting entertainment and gaming. VIC is associated with Viction, formerly known as TomoChain.
Binance doesn’t typically publish the specific reasons a token fails its review. The exchange has previously stated that it evaluates projects based on factors like team commitment, development activity, trading volume, network stability, and regulatory compliance.
What holders need to do If you’re holding any of these six tokens on Binance, trading will be suspended on August 17, 2026. After that date, you won’t be able to buy or sell these assets on the platform. Binance typically allows withdrawals for a period after delisting. The practical advice is straightforward: decide whether to sell before the deadline or transfer tokens to a self-custody wallet or another exchange that still lists them.
The bigger picture for investors Every project currently listed on Binance should be paying attention to the Monitoring Tag system as a leading indicator. Binance has made it clear that maintaining a listing is not a one-time achievement but an ongoing obligation, with projects needing to demonstrate continued development, healthy trading activity, and compliance with evolving regulatory expectations. Monitoring Tag additions are publicly announced, making them one of the simplest risk-management signals available to retail investors.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Binance will remove Across Protocol, Hashflow, PIVX, Vulcan Forged PYR, Vanar and Viction from spot trading on Aug. 17, 2026, at 03:00 UTC after completing its latest asset review.
Summary
Six tokens will leave Binance spot trading on August 17 after the exchange’s periodic review. Futures positions will settle August 7, while token withdrawals remain available through October 17, 2026. Binance will not support VANRY’s Base migration, requiring holders to use Vanar’s migration portal themselves. The exchange said every spot pair tied to ACX, HFT, PIVX, PYR, VANRY and VIC will close. Outstanding spot orders will be canceled. Binance did not identify a separate reason for each asset. Instead, it cited its broader review framework, which covers liquidity, development activity, network safety, team conduct, transparency, tokenomics and regulatory changes.
Binance EN: Binance Will Delist ACX, HFT, PIVX, PYR, VANRY, VIC on 2026-08-17
— 方程式新闻 BWEnews 🏎️ (@bwenews) August 3, 2026 Binance delisting begins with an Aug. 7 futures cutoff The first major deadline arrives before the spot removal. The company Futures will prevent users from opening new positions at 08:30 UTC on Aug. 7. It will close and automatically settle remaining contracts at 09:00 UTC. The exchange may also change leverage, margin tiers, funding rates or index components before settlement if markets become unusually volatile.
Loans and several payment services will also close that day. Binance Pool and Binance Pay will stop supporting the assets at 03:00 UTC. VIP Loan and Flexible Loan positions will close at 07:00 UTC, while cross and isolated margin positions will be settled at 10:00 UTC. Margin borrowing will already be suspended from 06:00 UTC on Aug. 4.
Spot Copy Trading will remove the affected pairs on Aug. 10. Remaining assets may be sold at market prices or transferred to users’ spot accounts when they cannot be sold. Simple Earn will redeem flexible and locked positions after 07:00 UTC on the same day and transfer the assets and accrued rewards to spot accounts.
Four Binance delistings followed earlier risk warnings The decision was preceded by Monitoring Tags on four of the six tokens. The exchange added PIVX to the tag list on June 18, followed by PYR and VANRY on July 3. ACX received the tag on July 24. The exchange states that tagged assets carry greater volatility and risk and may be removed if they no longer satisfy its listing standards.
As crypto.news previously reported, the ACX warning came days before the latest removal decision. Monitoring Tags do not guarantee delisting, but they require users to pass a risk quiz every 90 days and notify holders that the exchange is conducting closer reviews.
In related coverage, Binance removed 20 tokens from its Alpha platform in May while preparing five other assets for spot delisting. The Alpha removals and full spot delistings were separate processes, but both followed reviews against the exchange’s platform standards.
ACX also entered Binance’s delisting process after Coinbase suspended its trading on July 28. Coinbase said the project team was winding down the token and directed holders to Across documentation.
Across previously proposed replacing its token-based DAO with a U.S. C-corporation. The published plan set out an equity exchange and a USDC buyout at $0.04375. However, legal restrictions apply to the equity option, and the proposal said its estimated timetable could change.
VANRY holders must complete the Base migration themselves VANRY presents an extra operational issue. The exchange said it will not support Vanar’s contract swap. Holders seeking the replacement token must use the project’s migration portal rather than expecting Binance to complete the conversion automatically.
Vanar announced a 1:1 migration to Base and said the new token would have a supply of 10 billion. The project previously told users that participating centralized exchanges would handle the swap automatically. Binance’s new notice confirms that it is not one of those supporting venues.
The exchange will keep current VANRY withdrawals open through Ethereum and Polygon PoS. That gives Binance users a route to remove their tokens before completing the migration through Vanar’s official portal.
Vanar has warned holders to rely only on links distributed through its verified channels. The project advised users to ignore unsolicited messages and never share wallet seed phrases while completing the migration.
Withdrawals remain open until Oct. 17 The exchange Convert will remove the six assets at 02:00 UTC on Aug. 17, one hour before spot trading ends. Its low-value asset conversion feature will stop supporting them on Aug. 14. Deposits made after 03:00 UTC on Aug. 18 will not be credited.
Withdrawals will remain available until 03:00 UTC on Oct. 17. The exchange may convert balances left on the platform into stablecoins after Oct. 18, but the exchange said that conversion is “not guaranteed.” It will issue another notice where conversion is possible.
When conversion is not feasible, Binance said withdrawals may remain open, subject to network availability. Users should not rely on that possibility because the exchange has not committed to providing an extended withdrawal window.
The removal covers six tokens facing different project conditions rather than one shared event. Binance’s announcement gives users a common timetable but no token-by-token findings. The next confirmed developments will come from project responses, settlement notices and any changes to the withdrawal or migration arrangements.
Binance has confirmed it will remove six tokens from spot trading on August 17, 2026, citing a failure to meet its listing standards following a periodic review. The affected tokens are ACX, HFT, PIVX, $PYR, VANRY, and VIC.
Why the Tokens Are Being RemovedThe exchange did not single out individual reasons for each project but pointed to its standard evaluation framework, which covers development activity, trading volume, liquidity, network stability, team commitment, community engagement, regulatory compliance, and evidence of unethical conduct. Binance has consistently applied the same criteria across its wave of 2026 delistings.
Several of the six tokens had already attracted closer scrutiny before this announcement. $PYR and VANRY were placed on Binance's Monitoring Tag in early July, a formal warning the exchange uses to flag assets that carry elevated risk and may face delisting if performance does not improve. Earlier in 2026, ALCX, ARDR, NFP, and POND were tagged and later fully delisted, establishing the Monitoring Tag as a reliable early warning signal.
Key Dates for Token HoldersSpot trading for the six tokens stops on August 17, with withdrawals remaining open until October 17. All open trading orders will be canceled automatically once spot trading halts. Users holding any of the six assets are advised to close positions or transfer tokens to another platform before the withdrawal deadline.
The move is part of a broader cleanup Binance has been conducting throughout 2026. The exchange delisted eight tokens from spot trading in April following a periodic review of listing standards, and removed a further four, including ALCX, ARDR, NFP, and POND, effective July 10, after another asset quality review. Binance has stressed that maintaining high listing standards remains a core priority, noting that when a coin no longer meets those standards, or the market landscape changes, it conducts an in-depth assessment and may proceed with delisting to protect users.
Sources:
CoinSpectator: Binance to delist 6 tokens on Aug. 17
Yahoo Finance: Binance Monitoring Tag and Delisting History
Crypto Economy: Binance Monitoring Tag Additions Explained
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
PIVX was announced on November 25, 2015. PIVX stands for Private Instant Verified Transaction Cryptocurrency and is a privacy-focused proof-of-stake cryptocurrency forked from DASH. The project emphasizes community governance and decentralization.
What is PIVX (PIVX)?PIVX aims to create a digital medium of exchange that minimizes transaction times and fees while maintaining privacy and security. PIVX was launched by James Burden on January 31, 2016.
PIVX had no ICO; instead, 60,000 PIVX were pre-mined to enable the initial network operation of 6 masternodes. Once the initial setup was completed, these cryptocurrencies were burned as soon as the PIVX community became self-sustainable.
In addition, PIVX is a self-funded and community-driven decentralized autonomous organization (DAO). It is a third-generation privacy cryptocurrency and uses a modified version of Dash’s masternode architecture. It also employs Zcoin’s Zerocoin privacy protocol. The transaction capacity can reach up to 1000 transactions per second using the SwiftxX payment protocol.
PIVX also utilizes a dual-part proof-of-stake consensus mechanism: Masternodes and Validators.
Masternodes are responsible for voting on development proposals put forward by the PIVX community and validating transactions on the blockchain with a single confirmation. A minimum of 10,000 PIVX is required to run a masternode. Each masternode has one vote and is not involved in new token mining.Validators are responsible for PIVX mining. They have a chance of creating a block proportional to the number of PIVX they stake. 500 PIVX can create a single block completed within 60 seconds. When a block is created, a reward of 6 PIVX tokens is distributed, with one allocated to the PIVX treasury, two to the validator, and three to the masternode.Additionally, if a user wants to store PIVX, they can do so in three ways: Ledger hardware wallet, PIVX desktop and mobile wallets, or Coinomi desktop and mobile wallets.
PIVX Coin can be purchased quickly and securely through Binance, the world’s largest cryptocurrency trading platform in terms of trading volume.
To buy PIVX Coin, one must first sign up for Binance and then send fiat currency. After sending a fiat currency like Turkish Lira or dollars, one can buy Ethereum (ETH) or Bitcoin (BTC) and execute a purchase in the PIVX trading pair.
In addition, on Binance, users can place an order to buy at a lower value than the market price. For this, use the Limit tab and enter the amount and price you want to buy.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
One of the largest cryptocurrency exchanges by trading volume, Binance, announced that it will suspend deposit and withdrawal services for the PIVX (PIVX) network. This temporary suspension is to support the network upgrade and hard fork that is planned to occur today.
Deposit and Withdrawal Services to Be SuspendedBinance will support the PIVX network upgrade and hard fork, which is scheduled to happen today at 15:00 TRT. The cryptocurrency exchange will temporarily suspend deposit and withdrawal services for the PIVX network, including the PIVX token and other tokens operating on the network.
Binance will implement the suspension of deposit and withdrawal services at 14:00 to facilitate the smooth implementation of the network upgrade and to prevent any inconvenience to users during this process.
During the network upgrade and hard fork, Binance users will be able to continue trading PIVX and other tokens available for deposit and withdrawal on the network without any interruption. Binance will handle all technical requirements for the upgrade on behalf of its users.
Deposit and Withdrawal Services to Restart After UpgradeThe upgrade marks a significant milestone for the PIVX network, set to occur at block height 4,281,680. The cryptocurrency exchange does not provide a specific timeline for the resumption of deposit and withdrawal services but indicates it will wait until the network is confirmed to be running smoothly. Accordingly, Binance will restart deposit and withdrawal services for the PIVX network once the upgraded network is deemed stable.
This announcement is part of Binance’s commitment to ensuring the security and reliability of its platform for users. By proactively supporting network upgrades and hard forks for every altcoin it lists, Binance aims to maintain a seamless trading experience and contribute to the overall development and improvement of the crypto ecosystem.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
$PIVX entered 23 hours ago at 0.1976 exit now at 0.197 profit -0.30%
bid-to-ask ratio is 1 : 11 ($37,660 : $415,082) indicating resistance
subscribe here https://t.co/nU6kAysZpt to receive signals in realtime pic.twitter.com/gzh4r1Defu
Circle partners with Nomura Securities to enter the Japanese yen foreign exchange settlement service market.
Stablecoin issuer Circle plans to collaborate with Nomura Securities to launch instant foreign currency settlement for Japanese corporate clients as early as 2027. The initiative will enable large cross-border transactions to be completed immediately, aiming to boost cross-border investment and trade. This will mark the first entry of a major stablecoin issuer into Japan’s corporate transaction market, allowing companies to convert yen into US dollar-denominated stablecoins for investment and instant transfers.
12 minutes ago
Institutions' Preview: Overview of US May Core PCE Price Index Monthly Rate
The US May core Personal Consumption Expenditures (PCE) Price Index monthly rate will be released tonight at 20:30 (UTC+8). Below are the forecasts from multiple institutions: Sumitomo Mitsui Banking Corporation: 0.2%; Royal Bank of Canada: 0.2%; JPMorgan Chase: 0.3%; Goldman Sachs Group: 0.3%; Bank of Montreal: 0.3%; Moody's Corporation: 0.3%; Standard Chartered: 0.3%; UniCredit: 0.3%; ING Group: 0.3%; HSBC Holdings: 0.3%; BNP Paribas: 0.4%; Wells Fargo: 0.4%; Capital Economics: 0.4%; Citigroup: 0.4%; Deutsche Bank: 0.4%; Nomura Securities: 0.4%; Pantheon Macroeconomics: 0.4%; Société Générale: 0.4%; Scotiabank: 0.4%; Morgan Stanley: 0.4%
12 minutes ago
DA Davidson Raises Micron’s Price Target to $2,000, Retains Buy Rating
U.S. investment bank DA Davidson released a research note stating that Micron Technology has entered a new phase with one of the best performance visibility in the semiconductor industry, a stark contrast to its past standing in the sector. Driven by another quarter of results that handily exceeded expectations and positive forward guidance, Micron’s stock price surged sharply. These signals indicate that the current memory chip boom cycle is far from over. While the company is ramping up capacity investments (with capital expenditure (CAPEX) projected to hit $10 billion in the fourth quarter of fiscal 2026, which will bring additional supply), management expects the memory market to remain tight on supply and demand at least through 2027. Against this backdrop, DA Davidson reiterated its "Buy" rating on Micron and raised its price target from $1,500 to $2,000, equivalent to a 20x price-to-earnings (P/E) ratio based on the company’s 2026 calendar year expected earnings per share (EPS).
12 minutes ago
Morgan Stanley raises Micron's price target to $1,200, maintains 'Overweight' rating.
Morgan Stanley released a report raising Micron Technology (MU.O)’s price target from $1,050 to $1,200, while maintaining an "Overweight" rating. The investment bank lifted its fiscal 2027 earnings per share (EPS) forecast for the chipmaker by roughly 40% to $168, and upgraded its free cash flow (FCF) projection from $104 billion to $140 billion. Aligning with Micron’s management, the bank holds that AI will push DRAM demand to consistently outpace supply significantly after 2027. Micron’s last fiscal quarter results matched this trend, with both its quarterly performance and outlook showing notable upside potential.
12 minutes ago
US officials: Israel has withdrawn troops from parts of the buffer zone in southern Lebanon.
A U.S. State Department official said Israel has withdrawn from parts of the buffer zone in southern Lebanon, describing the move as a "goodwill gesture" toward the Lebanese government.
12 minutes ago
CBRS trades below IPO price post-earnings: Erases all gains six weeks after listing, two smart money firms net $5.8 million from first-day IPO shorts.
According to Hyperinsight monitoring, Cerebras (CBRS), the AI chip firm previously dubbed "Nvidia’s strongest challenger", saw its stock price fall in stages after reporting its first quarterly results since going public, as negative guidance overshadowed better-than-expected performance. The stock has dropped roughly 22% since the earnings release and officially broke below its IPO price today. On-chain whales are overall bearish. CBRS trades at $184 on the Hyperliquid platform, down 7.7% in 24 hours. Large-scale short positions (million-dollar level) total around $11.62 million, 2.39 times the long positions ($4.87 million). Two major short positions were placed precisely at high levels as early as the IPO day or even before the IPO: - Whale 0xe0ff: Shorted at $284.51 on May 14 with a 3x leveraged position of $6.13 million, generating an unrealized profit of $3.24 million (+104%); - Whale 0x9996: Shorted at $275.92 on May 11 with a 5x leveraged position of $5.48 million, generating an unrealized profit of $2.64 million (+162%). It is learned that both addresses currently hold short positions in both CBRS and SPCX, and have recorded substantial unrealized profits, preferring to place short positions at high levels before or on the day of major stock listings. With the realization of negative earnings news in this round, the combined unrealized profit of the two positions is around $5.88 million. Currently, the average entry price of CBRS short whales is around $275, and the current price is over 30% lower than that. The nearest short liquidation line is at $200.13, about 7% away from the current price.
PANews reported on February 2nd that, based on recent review results, Binance will remove and cease trading the following spot trading pairs on February 3rd, 2026 at 16:00 (UTC+8):
Circle partners with Nomura Securities to enter the Japanese yen foreign exchange settlement service market.
Stablecoin issuer Circle plans to collaborate with Nomura Securities to launch instant foreign currency settlement for Japanese corporate clients as early as 2027. The initiative will enable large cross-border transactions to be completed immediately, aiming to boost cross-border investment and trade. This will mark the first entry of a major stablecoin issuer into Japan’s corporate transaction market, allowing companies to convert yen into US dollar-denominated stablecoins for investment and instant transfers.
12 minutes ago
Institutions' Preview: Overview of US May Core PCE Price Index Monthly Rate
The US May core Personal Consumption Expenditures (PCE) Price Index monthly rate will be released tonight at 20:30 (UTC+8). Below are the forecasts from multiple institutions: Sumitomo Mitsui Banking Corporation: 0.2%; Royal Bank of Canada: 0.2%; JPMorgan Chase: 0.3%; Goldman Sachs Group: 0.3%; Bank of Montreal: 0.3%; Moody's Corporation: 0.3%; Standard Chartered: 0.3%; UniCredit: 0.3%; ING Group: 0.3%; HSBC Holdings: 0.3%; BNP Paribas: 0.4%; Wells Fargo: 0.4%; Capital Economics: 0.4%; Citigroup: 0.4%; Deutsche Bank: 0.4%; Nomura Securities: 0.4%; Pantheon Macroeconomics: 0.4%; Société Générale: 0.4%; Scotiabank: 0.4%; Morgan Stanley: 0.4%
12 minutes ago
DA Davidson Raises Micron’s Price Target to $2,000, Retains Buy Rating
U.S. investment bank DA Davidson released a research note stating that Micron Technology has entered a new phase with one of the best performance visibility in the semiconductor industry, a stark contrast to its past standing in the sector. Driven by another quarter of results that handily exceeded expectations and positive forward guidance, Micron’s stock price surged sharply. These signals indicate that the current memory chip boom cycle is far from over. While the company is ramping up capacity investments (with capital expenditure (CAPEX) projected to hit $10 billion in the fourth quarter of fiscal 2026, which will bring additional supply), management expects the memory market to remain tight on supply and demand at least through 2027. Against this backdrop, DA Davidson reiterated its "Buy" rating on Micron and raised its price target from $1,500 to $2,000, equivalent to a 20x price-to-earnings (P/E) ratio based on the company’s 2026 calendar year expected earnings per share (EPS).
12 minutes ago
Morgan Stanley raises Micron's price target to $1,200, maintains 'Overweight' rating.
Morgan Stanley released a report raising Micron Technology (MU.O)’s price target from $1,050 to $1,200, while maintaining an "Overweight" rating. The investment bank lifted its fiscal 2027 earnings per share (EPS) forecast for the chipmaker by roughly 40% to $168, and upgraded its free cash flow (FCF) projection from $104 billion to $140 billion. Aligning with Micron’s management, the bank holds that AI will push DRAM demand to consistently outpace supply significantly after 2027. Micron’s last fiscal quarter results matched this trend, with both its quarterly performance and outlook showing notable upside potential.
12 minutes ago
US officials: Israel has withdrawn troops from parts of the buffer zone in southern Lebanon.
A U.S. State Department official said Israel has withdrawn from parts of the buffer zone in southern Lebanon, describing the move as a "goodwill gesture" toward the Lebanese government.
12 minutes ago
CBRS trades below IPO price post-earnings: Erases all gains six weeks after listing, two smart money firms net $5.8 million from first-day IPO shorts.
According to Hyperinsight monitoring, Cerebras (CBRS), the AI chip firm previously dubbed "Nvidia’s strongest challenger", saw its stock price fall in stages after reporting its first quarterly results since going public, as negative guidance overshadowed better-than-expected performance. The stock has dropped roughly 22% since the earnings release and officially broke below its IPO price today. On-chain whales are overall bearish. CBRS trades at $184 on the Hyperliquid platform, down 7.7% in 24 hours. Large-scale short positions (million-dollar level) total around $11.62 million, 2.39 times the long positions ($4.87 million). Two major short positions were placed precisely at high levels as early as the IPO day or even before the IPO: - Whale 0xe0ff: Shorted at $284.51 on May 14 with a 3x leveraged position of $6.13 million, generating an unrealized profit of $3.24 million (+104%); - Whale 0x9996: Shorted at $275.92 on May 11 with a 5x leveraged position of $5.48 million, generating an unrealized profit of $2.64 million (+162%). It is learned that both addresses currently hold short positions in both CBRS and SPCX, and have recorded substantial unrealized profits, preferring to place short positions at high levels before or on the day of major stock listings. With the realization of negative earnings news in this round, the combined unrealized profit of the two positions is around $5.88 million. Currently, the average entry price of CBRS short whales is around $275, and the current price is over 30% lower than that. The nearest short liquidation line is at $200.13, about 7% away from the current price.
This is a general Binance Exchange Notice. Products and services referred to here may not be available in your region. Fellow Binancians, Binance Margin and Loan will delist and cease trading on all margin trading pairs for the following token(s) at 2026-04-17 06:00 (UTC): FC Barcelona Fan Token BAR (BAR)PIVX (PIVX)Verge (XVG) Please note: The delisting schedule may or may not apply to the products listed below, depending on their association with the token(s) being delisted.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. Loan At 2026-04-17 06:00 (UTC), Flexible Loan will close all outstanding loan positions for the aforementioned token(s) as loanable token(s) and collateral token(s). VIP Loan will close all outstanding loan positions for the aforementioned token(s) as collateral token(s). Users are strongly advised to repay their outstanding loans before the automatic closure to avoid any potential losses, where applicable. Margin Cross Margin & Isolated Margin Binance Margin will delist the aforementioned token(s) from Cross and Isolated Margin at 2026-04-17 06:00 (UTC) (the “Margin Scheduled Delisting Time”). The cross and isolated margin pair(s) of the aforementioned token(s) will be removed from Margin. Effective immediately, users will no longer be able to transfer any amount of the aforementioned token(s) via manual transfers and Auto-Transfer Mode for Cross and Isolated Margin into their margin accounts. If users hold outstanding liabilities of said tokens, these users may only manually transfer up to the amount of liabilities of that token into their margin accounts, less any collateral already available.At 2026-04-14 06:00 (UTC), Binance Margin will suspend borrowings on the aforementioned cross margin token(s) and isolated margin pair(s). At the Margin Scheduled Delisting Time, Binance Margin will close users’ positions, conduct an automatic settlement, and cancel all pending orders on the aforementioned isolated margin pair(s), which will then be removed from isolated margin.At the Margin Scheduled Delisting Time, if users hold both collateral and liabilities of the aforementioned token(s) on cross margin, the collateral will be used to repay the respective liabilities. If there are remaining collateral or liabilities of the aforementioned token(s), one of two options below will occur:If users only hold the aforementioned token(s) in the form of collateral: If the Collateral Margin Level (CML) is above 2, the aforementioned token(s) will be transferred to users’ Spot Accounts, up to the point when the CML reaches 2. The remaining tokens in their Cross Margin accounts that are to be delisted will then be fully sold. If the CML is below 2, the remaining tokens in users’ Cross Margin Accounts that are to be delisted will be fully sold. If users only hold the aforementioned token(s) in the form of liabilities:If CML is at or above 2, pending orders will not be affected. If the CML is below 2, all pending orders in their Cross Margin Accounts will be canceled. The system will then sell other collateral tokens to buy and fully repay the delisting token(s)’ liabilities.Please note that users will not be able to update their positions during the delisting process, which may take approximately 3 hours. Users are strongly advised to close their positions and/or transfer their assets from Margin Accounts to Spot Accounts prior to the cessation of margin trading. Binance will not be responsible for any potential losses. Portfolio Margin If the aforementioned token(s) remain in the Portfolio Margin Account after the Margin Scheduled Delisting Time, they will be automatically liquidated. The delisted margin assets will be sold for USDT, and the proceeds will be added to the user's Portfolio Margin balance. Binance is not liable for any losses incurred. Portfolio Margin users are advised to transfer the aforementioned token(s) out of their Margin Accounts to their Spot Accounts and to top up their margin balance before Margin Scheduled Delisting Time where applicable. Users should monitor the Unified Maintenance Margin Ratio (uniMMR) closely to avoid any potential liquidation that may result from the removal of the aforementioned token(s) from the Margin Account. Please Note: For futures perpetual contracts, please refer to the relevant futures announcements.Refer to this FAQ for more information on how any remaining balances of the aforementioned token(s) in Portfolio Margin users’ Margin Accounts will be treated. We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth. Thank you for your support! Binance Team 2026-04-14
Circle partners with Nomura Securities to enter the Japanese yen foreign exchange settlement service market.
Stablecoin issuer Circle plans to collaborate with Nomura Securities to launch instant foreign currency settlement for Japanese corporate clients as early as 2027. The initiative will enable large cross-border transactions to be completed immediately, aiming to boost cross-border investment and trade. This will mark the first entry of a major stablecoin issuer into Japan’s corporate transaction market, allowing companies to convert yen into US dollar-denominated stablecoins for investment and instant transfers.
12 minutes ago
Institutions' Preview: Overview of US May Core PCE Price Index Monthly Rate
The US May core Personal Consumption Expenditures (PCE) Price Index monthly rate will be released tonight at 20:30 (UTC+8). Below are the forecasts from multiple institutions: Sumitomo Mitsui Banking Corporation: 0.2%; Royal Bank of Canada: 0.2%; JPMorgan Chase: 0.3%; Goldman Sachs Group: 0.3%; Bank of Montreal: 0.3%; Moody's Corporation: 0.3%; Standard Chartered: 0.3%; UniCredit: 0.3%; ING Group: 0.3%; HSBC Holdings: 0.3%; BNP Paribas: 0.4%; Wells Fargo: 0.4%; Capital Economics: 0.4%; Citigroup: 0.4%; Deutsche Bank: 0.4%; Nomura Securities: 0.4%; Pantheon Macroeconomics: 0.4%; Société Générale: 0.4%; Scotiabank: 0.4%; Morgan Stanley: 0.4%
12 minutes ago
DA Davidson Raises Micron’s Price Target to $2,000, Retains Buy Rating
U.S. investment bank DA Davidson released a research note stating that Micron Technology has entered a new phase with one of the best performance visibility in the semiconductor industry, a stark contrast to its past standing in the sector. Driven by another quarter of results that handily exceeded expectations and positive forward guidance, Micron’s stock price surged sharply. These signals indicate that the current memory chip boom cycle is far from over. While the company is ramping up capacity investments (with capital expenditure (CAPEX) projected to hit $10 billion in the fourth quarter of fiscal 2026, which will bring additional supply), management expects the memory market to remain tight on supply and demand at least through 2027. Against this backdrop, DA Davidson reiterated its "Buy" rating on Micron and raised its price target from $1,500 to $2,000, equivalent to a 20x price-to-earnings (P/E) ratio based on the company’s 2026 calendar year expected earnings per share (EPS).
12 minutes ago
Morgan Stanley raises Micron's price target to $1,200, maintains 'Overweight' rating.
Morgan Stanley released a report raising Micron Technology (MU.O)’s price target from $1,050 to $1,200, while maintaining an "Overweight" rating. The investment bank lifted its fiscal 2027 earnings per share (EPS) forecast for the chipmaker by roughly 40% to $168, and upgraded its free cash flow (FCF) projection from $104 billion to $140 billion. Aligning with Micron’s management, the bank holds that AI will push DRAM demand to consistently outpace supply significantly after 2027. Micron’s last fiscal quarter results matched this trend, with both its quarterly performance and outlook showing notable upside potential.
12 minutes ago
US officials: Israel has withdrawn troops from parts of the buffer zone in southern Lebanon.
A U.S. State Department official said Israel has withdrawn from parts of the buffer zone in southern Lebanon, describing the move as a "goodwill gesture" toward the Lebanese government.
12 minutes ago
CBRS trades below IPO price post-earnings: Erases all gains six weeks after listing, two smart money firms net $5.8 million from first-day IPO shorts.
According to Hyperinsight monitoring, Cerebras (CBRS), the AI chip firm previously dubbed "Nvidia’s strongest challenger", saw its stock price fall in stages after reporting its first quarterly results since going public, as negative guidance overshadowed better-than-expected performance. The stock has dropped roughly 22% since the earnings release and officially broke below its IPO price today. On-chain whales are overall bearish. CBRS trades at $184 on the Hyperliquid platform, down 7.7% in 24 hours. Large-scale short positions (million-dollar level) total around $11.62 million, 2.39 times the long positions ($4.87 million). Two major short positions were placed precisely at high levels as early as the IPO day or even before the IPO: - Whale 0xe0ff: Shorted at $284.51 on May 14 with a 3x leveraged position of $6.13 million, generating an unrealized profit of $3.24 million (+104%); - Whale 0x9996: Shorted at $275.92 on May 11 with a 5x leveraged position of $5.48 million, generating an unrealized profit of $2.64 million (+162%). It is learned that both addresses currently hold short positions in both CBRS and SPCX, and have recorded substantial unrealized profits, preferring to place short positions at high levels before or on the day of major stock listings. With the realization of negative earnings news in this round, the combined unrealized profit of the two positions is around $5.88 million. Currently, the average entry price of CBRS short whales is around $275, and the current price is over 30% lower than that. The nearest short liquidation line is at $200.13, about 7% away from the current price.
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Based on recent reviews, Binance will extend the Monitoring Tag to include more tokens on 2026-06-18. The tokens to be added to the Monitoring Tag list are: Act I : The AI Prophecy (ACT)Blur (BLUR)PIVX (PIVX)QuarkChain (QKC) Tokens with the Monitoring Tag exhibit notably higher volatility and risks compared to other listed tokens. These tokens are closely monitored, with regular reviews conducted. Keep in mind that tokens with the Monitoring Tag are at risk of no longer meeting our listing criteria and being delisted from the platform. To gain trading access to tokens marked with the Monitoring Tag, users will need to pass the quiz every 90 days on the Binance Spot and/or Binance Margin platforms, and accept the Terms of Use. The quizzes are set up to ensure users are aware of the risks before trading tokens with the Monitoring Tag. Binance will conduct periodic project reviews and decide if the Monitoring Tag should be added to or removed from tokens as per its latest findings. These criteria are considered during the review: Commitment of team to projectLevel and quality of development activityTrading volume and liquidityStability and safety of network from attacksNetwork / smart contract stabilityLevel of public communicationResponsiveness to our periodic due diligence requestsEvidence of unethical/fraudulent conduct or negligenceContribution to a healthy and sustainable crypto ecosystem Please note: Other services related to the aforementioned tokens will not be affected. The Monitoring Tags for the aforementioned tokens will be updated shortly after the publishing of this announcement.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth. Thank you for your support! Binance Team 2026-06-18
Binance has added four more tokens to its Monitoring Tag category, flagging ACT, BLUR, PIVX, and QKC as assets carrying elevated risk. The change takes effect on June 18, 2026.
What the Monitoring Tag actually means Binance’s Monitoring Tag system exists to single out tokens that the exchange considers more volatile or risky compared to its broader listings. When a token gets tagged, users see a warning banner on trading interfaces before they can proceed with transactions.
In some cases, traders are required to complete additional verification steps, including quizzes designed to confirm they understand the risks they’re taking on.
Advertisement
The tag doesn’t trigger an immediate delisting. But it does put projects on notice: meet Binance’s ongoing listing criteria, or face potential removal down the line.
This isn’t an isolated event. Binance ran a similar extension on May 22, 2026, when it added ALCX, COOKIE, DODO, EPIC, HEI, HFT, STORJ, SYN, and TLM to the Monitoring Tag category. That’s 13 tokens flagged in less than a month.
The four tokens under the microscope ACT is an AI protocol token currently trading near $0.01 with a market cap hovering around $9 to $10 million.
BLUR is the native token of the Blur NFT marketplace, which rose to prominence as a competitor to OpenSea during the 2022-2023 NFT boom.
PIVX is a privacy-focused cryptocurrency with a market cap of approximately $5.4 million. Privacy coins as a category have faced increasing headwinds from regulatory pressure worldwide, with several exchanges in various jurisdictions choosing to delist them preemptively.
QKC represents QuarkChain, a sharded blockchain protocol.
Why investors should pay attention No immediate delistings have been linked to the June 18 update. For holders of any of these four tokens, the practical question is straightforward: does the underlying project have enough momentum, development activity, and community support to satisfy Binance’s criteria going forward?
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Though Bitcoin is quite heavily misadvertised as an anonymous payment network, it is actually one of the more transparent crypto-networks to transact on. In the early days of cryptocurrency, when KYC and AML regulations weren’t as strict as they are now, it was easier to conduct Bitcoin transactions which couldn’t be traced back to criminal activities or malicious intent. Today, while Bitcoin isn’t used as much for private transactions, multitudes of privacy coins like Monero and Dash have stepped in to fill the void.
Monero, specifically, has regulators worried due to its ability to make transactions almost impossible to trace. In recent years, extensive research has been conducted into the traceability of such privacy coins and so far, no unexacting methods of monitoring their transactions have come to light, with usage only rising.
According to TokenInsight’s annual market report, Monero was the most widely used privacy coin in 2019. Further, Monero’s dominance rose from 35% to 50% over the year and combined with Zcash and Dash, represented 90% of the privacy coin market capitalization.
2019 also saw the launch of two privacy coins utilizing the MimbleWimble protocol — Grin and Beam, both of which saw increases to their market caps over the year. However, classic privacy coins like PIVX and NavCoin continued to decline.
Interestingly, for both Grin and Monero, the top two mining pools represented more than 50% of the networks’ hashrates.
With privacy coins being increasingly looked at as vehicles to launder money, it seems unlikely that restrictions around their use and sale will loosen in the foreseeable future. And while these cryptocurrencies do have other use-cases such as confidential business transactions and financial data protection, it seems unlikely that regulators will relax their stance on anonymous transfers of value.
Last year, Monero was delisted from several cryptocurrency exchanges due to its alleged violation of the FATF’s ‘travel rule.’ With so many restrictions being placed on these coins, their future might be bleaker than previously thought.
However, popular cryptocurrencies are seeing developments being made towards providing optional privacy for transactions on their networks.
Litecoin has already begun the development of an implementation of MimbleWimble extension blocks, while Ethereum is working on using zero-knowledge proofs to include the ability to conduct private transactions on the blockchain.
In this regard, even though privacy coins might continue to receive increased scrutiny from regulators and policymakers, anonymous transactions might become more popular than previously thought.
PIVX, a minor privacy coin, has announced plans to adopt Zcash’s Sapling protocol.
Sapling will provide PIVX with greater transaction performance. It will also offer shielded and unshielded transactions side by side, giving users optional privacy. Finally, Sapling will separate viewing and spending keys, allowing users to look at transaction details without compromising their accounts.
PIVX will specifically use a variant of Sapling that features Groth16. This variant was chosen due to the fact that it has a proven track record and has undergone plenty of due diligence.
The feature will be introduced as part of PIVX’s 5.0 core wallet upgrade later this year.
Changing Privacy Standards Until now, PIVX has relied on Zerocoin as its privacy protocol.
Advertisement
Unfortunately, Zerocoin faced an issue last year that allowed attackers to freely mint coins. Though the problem did not affect PIVX holders directly, the team has expressed the desire for a more secure system:
“PIVX had a tough year last year due to the unexpected Zerocoin protocol issues [and we] worked very hard to ensure all zerocoins were accounted for making every holder of PIVX whole.
This updated protocol from the Zcash team will allow PIVX to regain privacy at a higher level that is well recognized by the cryptographic community.”
As PIVX notes, this is the first time a blockchain not based on Zcash has adopted Sapling.
So far, only Zcash and its forks have done so. Horizen, for example, partially introduced Sapling in 2019. Likewise, Ycash inherited Sapling by default when it forked from Zcash in 2019.
Despite Sapling’s relative popularity, there are several other privacy coin standards, including Mimblewimble, CryptoNote, bulletproofs, and more. This makes Sapling far from universal.
PIVX on the Decline? PIVX is notable for being one of the few privacy coins that relies on a proof-of-stake consensus mechanism.
This means that PIVX holders can earn interest without dedicating any computer power.
By contrast, many privacy coins rely on mining. This is true of Monero, Zcash, Verge, and Mimblewimble-based privacy coins like Grin and Beam. Dash does allow masternode staking, but it only offers coin mixing; it does not truly hide transaction data as most privacy coins do.
Despite PIVX’s distinctive staking feature, it has fallen through the ranks. PIVX reached the height of its popularity in April 2017, at which time it had a $100 million market cap and was the 10th largest coin.
Now, PIVX is the 156th largest coin, and it has a market cap of just $20 million.
Time will tell if the coin’s ongoing improvements will allow it to make a comeback.
Edited Mar. 15 to correct PIVX’s April 2017 market ranking.
Disclosure: This article was edited by Mike Dalton. For more information on how we create and review content, see our Editorial Policy.
PANews, June 18 – According to an official announcement, following a recent review, Binance will add the Monitoring Tag to the following tokens on June 18, 2026: Act I : The AI Prophecy (ACT), Blur (BLUR), PIVX (PIVX), and QuarkChain (QKC). Tokens with the Monitoring Tag may exhibit higher volatility and risks compared to other listed tokens. Binance will closely monitor and continuously review them. Trading these tokens with the Monitoring Tag carries risks, as they may no longer meet listing criteria and could be subject to delisting.
South Korea's KOSPI index climbs back above the 9,000 mark, up 6.25% on the day.
According to Bitget data, South Korea’s KOSPI index has returned to the 9,000 level, gaining 6.25% on the day.
4 minutes ago
Silver plunged 6% intraday, breaching the defense of long positions, as a smart money entity reaped $2.16 million in shorting profits.
According to Hyperinsight’s monitoring, the Silver (SILVER) contract on Hyperliquid is currently priced at $56.78, down 6.34% over 24 hours, with a trading volume of $263 million, ranking first in the precious metals sector. Driven by gold prices falling below $4,000 and safe-haven funds flowing back into chip stocks, short sellers have reaped significant profits. Notably, smart money address 0x49e has been shorting Silver on 3x leverage since April 29 at a high of $78.79, holding a position worth $5.77 million, and has already booked a precise profit of $2.16 million (+81%). On-chain Silver whales are overall bearish: the nominal position size of short sellers is approximately 1.5 times that of long positions. The average entry price for short positions is around $65.05, and the current price is 12.7% lower than this level. Long positions are overall trapped, with an average entry price of about $59.75, roughly 5% above the current price. Current short sellers have sufficient safety margins: the nearest short liquidation line stands at $77.18, some 36% above the current price, meaning short sellers face almost no liquidation pressure. Address: 0xe9ffe7698f46f96f980f2877e18c43f5b4165903-HyperInsight Bot is now live. Add @HyperInsightBot to your TG group and set it as an admin (enable message sending permission) to automatically sync on-chain updates.
4 minutes ago
China's Supreme People's Procuratorate announced a major drug-related money laundering case: Li Moubo laundered over 48 million yuan via virtual currency and was sentenced to death after combined punishment for multiple crimes.
On June 25, China’s Supreme People’s Procuratorate (SPP) held a press conference. Miao Shengming, SPP’s deputy procurator-general, stated that procuratorial organs are thoroughly investigating both self-money laundering and third-party money laundering crimes, and vigorously promoting the recovery of drug-related assets to ensure full coverage in the investigation and punishment of drug-related money laundering offenses. From January 2025 to May 2026, procuratorial bodies nationwide prosecuted more than 1,200 individuals for drug-related money laundering crimes. A notable example is the major cross-border case of drug smuggling, trafficking, transportation and money laundering involving Li Moubo and others, which was supervised by the SPP and handled by Chongqing’s procuratorial organs. Li laundered over 48 million yuan via virtual currency and was sentenced to death after receiving combined punishment for multiple crimes in accordance with the law. (Xinhua News Agency)
4 minutes ago
Quarterly crypto options expiry will take place tomorrow, with $11.32 billion in BTC and ETH options set to settle.
Crypto options are set for their quarterly expiration and settlement tomorrow. Data from crypto derivatives platform Deribit shows that crypto options with a total notional value of $11.32 billion will expire, with details as follows: · BTC options have a notional value of $9.68 billion, a put/call ratio of 0.75, and a max pain point of $72,000; · ETH options carry a notional value of $1.64 billion, a put/call ratio of 0.56, and a max pain point of $2,000.
4 minutes ago
A crypto whale liquidated all 27,585 ETH after lying dormant for 7 years, booking a profit of $39.1 million.
According to monitoring by Onchain Lens, whale address 0x096, which had remained dormant for seven years, sold all 27,585 ETH at an average price of $1,625, obtaining 44.84 million USDS and locking in a profit of $39.1 million.
4 minutes ago
Multiple investment banks raise Micron Technology’s price targets, with JPMorgan Chase lifting its target from $550 to $1,540.
Due to Micron Technology (MU)'s financial results and market expectations, multiple investment banks have raised the chipmaker's price targets. JPMorgan Chase lifted Micron's price target from $550 to $1,540; D.A. Davidson raised its target from $1,500 to $2,000; and H.C. Wainwright hiked its target from $1,750 to $2,000.
Binance will delist BAR, PIVX, and XVG from its leveraged lending and borrowing services.
PANews reported on April 14 that, according to an official announcement, Binance will cease margin trading and delist the following cryptocurrencies at 14:00 (UTC+8) on April 17, 2026: FC Barcelona Fan Token BAR (BAR), PIVX (PIVX), and Verge (XVG).
Share to:
Author: PA一线
This content is for market information only and is not investment advice.
Follow PANews official accounts, navigate bull and bear markets together
While most people consider every cryptocurrency transaction anonymous, that’s not the case. Bitcoin, for example, has all transactions recorded on a public ledger, which can be easily accessed. In theory and practice, it’s entirely possible to associate a Bitcoin address with an individual, especially if he has ever used a cryptocurrency exchange, which requires identity verification.
However, the apparent need for a fully anonymous payment option ultimately led to the creation of such, called privacy coins. During this week, turbulent movements, a lot of them recorded serious gains, and it’s perhaps to have a closer look.
What Are Privacy Coins? Privacy coins conceal all the information from both the sender and the recipient. They don’t provide any data on the amount of the transaction when they take place and ultimately leave absolutely no traces or records behind.
With this being said, a lot of people consider that privacy coins are generally used by criminals since the transactions are untraceable. One valid example here may come from the kidnapping of a Norwegian multimillionaire’s wife last year. The perpetrators reportedly requested a ransom for $10 million to be paid in one of the most popular private coins – Monero.
However, this report from Q2 2019 indicates otherwise. It examines cryptocurrencies’ involvement in illegal activities, and it concludes that privacy coins are responsible for just around 4% of all similar transactions.
A more popular usage is the basic need of most regular people to protect their anonymity from central authorities and governments. This is where the demand for such coins surfaced in the first place.
Notable Privacy Coins Examples As with most cryptocurrencies, there are already several well-established privacy coins in the market.
Monero is one of the most popular at the moment. It’s also one of the largest cryptocurrencies, as it’s currently situated in 11th place. Besides, it has received a lot of widespread adoption with many different outlets.
Dash is another prominent example of such a coin, which is based on Bitcoin’s software. It continues to grow over the years, and just recently, it partnered with Burger King Venezuela. Dash will be offered in 40 different locations where people can use it to purchase burgers, for instance. Its price also reacted accordingly and surged with over 80% in a day.
Dash: Focusing On Real Solutions Cryptopotato recently had the opportunity to speak with Dash Core’s Business Development Manager for LatAm, Ernesto Escalona, regarding the price movements and company’s updates. He talked about the recently released Dash Platform on EvoNet, which is a “technology stack for building decentralized applications on the Dash network.” He also mentioned Venezuela’s adoption that adds further real usage for Dash.
“We believe the recent positive price action is a reflection of Dash constantly working on fundamentals to allow real use of cryptocurrency. […] So getting cutting edge technology deployed, and focusing on real solutions seems to be getting the attention in 2020, and we will keep working to make real adoption happen!”
As a response to the above, the Dash team added that they are a “user-centric coin with a privacy feature on one wallet and not a privacy coin.”
Zcash falls under the category of privacy coins. The company is behind the Zk-SNARK protocol, which a part of the zero-knowledge proof system. Moreover, it was also recently endorsed by the famous whistleblower Edward Snowden.
A lot of people wonder why I like #Zcash despite the Founder’s Reward. Here’s a reason: that tax funds a quality team that catches and kills serious bugs in-house, before they get exploited. Some other projects learn about bugs like this only AFTER people have lost money. http://t.co/i9MD1CpeNx
— Edward Snowden (@Snowden) February 5, 2019
Other examples for privacy coins are Horizen (ZEN), Verge (XVG), Bytecoin (BCN)< Zcoin (XZC), PIVX (PIVX), and more.
Pricing History Naturally, one can’t overlook the price for a particular coin, especially if he considers taking advantage of their potential as an investment, rather than transmitting payments.
By looking at all charts, one can get some general and conclusive information on how all privacy coins were handling the different trends. For example, during the parabolic price increase of late 2017 and early 2018, all of them reached their respective all-time high (similarly to most cryptocurrencies that existed back then.)
Monero (XMR) was to almost $500, while Dash hit $1,642 in December 2017. Then came the price crash, and all of them followed closely. Just for reference, XMR noted a 92% decline to $42 in late 2018, while DASH’s drop was 96% to $63.
Is The Positive Privacy Coin Trend Back? Despite the price crashes of 2018, most of them appear to be on an extremely positive trend as of the last few weeks. XMR recorded a 10% increase in the previous seven days. Zcash posted 66% gains, and Zcoin was up with 60% in the same timeframe.
Dash managed to surge by 140% to about $125. Besides, DASH entered the top 10 currencies by market cap at one point but it retraced since then.
These movements had the crypto community speculating on whether or not privacy coins are returning to the grand scene. They had a significant role during the previous major bull cycle, and some consider their latest increases as an indication that another one is to come. While it may be too early to conclude this theory to be valid, it’s still worth checking the possibility of actually occurring soon.
Even though all of the privacy coins declined a bit in the past couple of days, the surges were notable and it’s interesting to see whether 2020 will be positive in this regard.
