The debate over Know Your Customer (KYC) in the crypto space is a tangled one. It juxtaposes the need for safety and regulatory adherence against the fundamentals of privacy and decentralization that underlie Web3. For many crypto enthusiasts, these principles are nearly sacred. With BlockchainShock, our goal is to help...
KYC of course is widely touted in crypto as the cure to fraud and money laundering. The harsh reality is it’s usually not adequate, and at times it actually exacerbates the problem. We're essentially applying a band-aid to a gaping wound and pretending we've solved the problem. Imagine it like...
In response to the rapidly-changing digital landscape, the cryptocurrency privacy debate has continued to evolve. Monero, a privacy-first cryptocurrency, has been leading this charge for more than 10 years. This article takes a look at Monero’s road so far. It highlights its technological innovations surrounding privacy, looks at the growing...
Monero just celebrated its 11th birthday. Eleven years of winning the right to financial privacy in a world that’s become obsessed with surveillance. To be frank, those party favors weren’t exactly sweet this time around. Why? Though its features have spawned imitators, Monero remains deeply committed to the power of...
Monero was released as a fork of Bytecoin in 2014. It has since returned a strong contender in the cryptosphere — currently the 33rd largest cryptocurrency by market cap. Monero has a market cap of roughly $4 billion. Additionally, it differs from most cryptocurrencies in that it focuses on providing...
As the world just celebrated Monero’s 11th birthday, let’s move beyond market caps and technical specifications. Now, let’s look into Africa, a continent often forgotten in the crypto narrative. To do so, astonishingly, a banned cryptocurrency might have the biggest effect on its future among them all. You see headlines...
Was eXch the victim of excessive regulation, or just a tool for bad actors? The truth, as usual, is likely a bit in the muddy middle. Their unexpected announcement to close on May 1st sent shockwaves through the crypto community. They cited an exercise “highly active transatlantic operation” as the...
Zcash, the privacy-centric cryptocurrency with a $500 million market cap. Now, according to a post on its forum, Binance – the world’s largest cryptocurrency exchange – is thinking of delisting it. This recent development has opened up a firestorm of debate inside the crypto community. Others are de-emphasizing the need...
The landscape of internet gambling is constantly evolving. New technologies and innovative creative approaches are constantly changing the game to accommodate players’ various skill levels and needs. Over the last year or two, no-KYC casinos have been the biggest trend. As a result, they offer an exciting, fresh alternative to...
The allure is undeniable. Privacy. Convenience. No KYC crypto casinos promise a world where you can gamble with Bitcoin and Ethereum without surrendering your personal information. Link your MetaMask or Best Wallet and you’re truly off to the races. Fast payouts, anonymous gaming. Sounds perfect, right?Though the lure of anonymous...
The crypto market is a ripe ecosystem for hot takes and wild predictions. Recently, an executive of CryptoGuard caught expert’s attention by predicting that XRP price will reach $1,000. This ambitious target has led to much discussion and speculation across the crypto space. BlockchainShock will be following this prediction very...
The crypto community can’t stop talking about XenDex ($XDX), a new decentralized finance (DeFi) project developed on the XRP Ledger. And indeed, its presale has absolutely sparked a huge demand, with 20% of the total tokens already sold within only the first day! This rapid uptake has led many to...
Southeast Asia. The country of stunning temples, colorful street cuisine—and now, according to some, the latest frontier for DeFi world conquest. XenDex ($XDX), with the wind in its sails powered by the XRP Ledger, could be the one to ignite. The presale lit the dogs on fire, with more than...
Matthew Brienen, COO of CryptoGuard, throws a massive number out there: XRP to $1,000 within a decade. He’s going all in, putting 50% of his crypto portfolio on XRP. And look, everybody loves a great moonshot story in crypto. Before you remortgage the homestead and load up the family into...
Matthew Brienen, COO of CryptoGuard, believes that XRP can go as high as $100, even $1,000 over the next 10 years. And you know what? I’m here for it! Never mind the pessimists still grasping at old financial paradigms. So why expand this to all of Southeast Asia, and why...
As things develop, the $XDX presale of XenDex is a scaly topic that has analysts anticipating a fast sell-out. More than 20% depleted in the first day? That's a rocket launch. Before you hit the brakes, let’s examine the evidence. As an experienced blockchain researcher, I am here to help...
Then again, the crypto market is always a fickle creature, right? Now we’re witnessing Bitcoin dancing around $95,000, a resurgence for altcoins, and the Fear & Greed Index showing “greedy.” Amidst this resurgence, two tokens stand out: TRUMP and SUI. Both have provided record-breaking returns of 79% and 70%. They...
Unprecedented inflows inundate the market, with BlackRock and Fidelity at the top. Bitcoin has rocketed above $90,000, triggering stories that scream of a crypto comeback triggered by investments from traditional institutions. Before you go running into this like everyone else, driven by your fear of missing out (FOMO), wait up...