Dash is an open source cryptocurrency and is a form of decentralized autonomous organization run by a subset of users, called “masternodes”. It is an altcoin that was forked from the Bitcoin protocol.
The currency permits fast transactions that can be untraceable. Read DASH News below
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Here you will find a wide selection of articles on DASH News sourced from some of the biggest Dash news resources such as dash.org and Dash News
Dash Is Becoming a Decentralized Cloud with Dash Platform
The payments-focussed cryptocurrency Dash has published a five-part video series about the upcoming Dash Platform titled “Dash is Becoming a Cloud”. Dash Platform is a technology stack for building decentralized apps on the Dash network. It allows developers to easily access network resources and trustlessly store app data using Dash’s decentralized API. The first video The post Dash Is Becoming a Decentralized Cloud with Dash Platform appeared first on Dash News.
Dash Debuts FastPass Trading Ecosystem of Partners Leveraging Instant Transactions
Dash has debuted FastPass, a network of ecosystem partners dedicated to trading which leverage Dash’s special features of InstantSend and ChainLocks. The FastPass designation is intended to denote services where users can expect Dash transactions to be settled much faster, providing a vastly improved trading experience and opening up arbitrage opportunities. Announced this week, Dash has The post Dash Debuts FastPass Trading Ecosystem of Partners Leveraging Instant Transactions appeared first on Dash News.
Zaigar Saves Over $2,000 In Fees In June Using Dash Instead of Ethereum ERC-20 Token
On today’s Dash Talk episode Amanda b. Johnson speaks with Rodrigo Ambrissi from Dash Brasil about why the task rewards platform Zaigar.com decided to switch from using it’s own native ERC-20 Token ZAI to using Dash as a payment method due to high transaction fees on the Ethereum network. Zaigar.com is a marketing task and The post Zaigar Saves Over $2,000 In Fees In June Using Dash Instead of Ethereum ERC-20 Token appeared first on Dash News.
Dash Insights: Postera Capital – The First EU-Regulated Crypto Investment Fund
Welcome to Dash Insights, a show that shines the spotlight on professional market analysis from industry experts and respected leaders in finance and cryptocurrency. On today’s episode Mark Mason speaks with Martin Schmidt who is a founding partner for Postera Capital to learn more about Europe’s first regulated crypto fund. Postera Capital is a professional The post Dash Insights: Postera Capital – The First EU-Regulated Crypto Investment Fund appeared first on Dash News.
Some more news from Dash.org
Dash mini blog
OKEx Korea Reviewing Decision to Delist Privacy Coins Zcash and Dash
The South Korean arm of cryptocurrency exchange OKEX has halted, for now at least, the delisting of two privacy coins due to regulatory pressure from the Financial Action Task Force (FATF).
According to a notice from the exchange on Thursday, the planned suspension of both zcash (ZEC) and dash (DASH) support has been put under review.
OKEX first announced its intentions to delist five privacy coins – also including monero (XMR), horizen (ZEN) and super bitcoin (SBTC)
– in September citing FATF’s controversial “travel rule” for crypto asset service providers, which sets out how national regulators must oversee the industry.
Under the travel rule, crypto exchanges must be able to collect and disseminate relevant information for transaction monitoring such as the name and address of the sender and recipient of virtual currencies.
Monero, horizen and super bitcoin are still being delisted from the exchange as of today, Oct. 10, OKEx said. A final decision on zcash and dash support will be announced after the compliance review.
Speaking with CoinDesk via email, Josh Swihart, VP of marketing and business development at the Electric Coin Company – the co-developer of zcash – said his firm has been working with OKEx since the September announcement.
“Zcash is entirely compatible with all FATF recommendations including the travel rule.
We’ve been working with OKEx and others in S. Korea and happy to hear that OKEx has decided to take additional time to further evaluate Zcash support based on newly available compliance information.”
Since FATF’s announcement, there has been increasing pressure for exchanges to drop support for privacy coins.
Notably, Coinbase dropped zcash from its U.K. exchange in early August. A source told CoinDesk that the move was in relation to forming a new banking relationship with ClearBank after Barclays withdrew its services from the company.
South Korean exchange Upbit also dropped zcash recently.
The Electric Coin Company has been actively lobbying regulators and lawmakers over its cryptocurrency, according to Swihart.
An open brief on regulation and compliance posted in September stated:
“Zcash was designed to protect consumers’ financial privacy while retaining compatibility with global AML / CFT standards, including the FATF Recommendations that were adopted in June 2019.
Importantly, the privacy provided by Zcash does not prevent regulated entities from fulfilling their regulatory obligations.”
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