February 27th, 2026
The mainstream adoption of web3 protocols and digital assets, which has been facilitated by increased regulations, has significantly impacted privacy tokens led by Monero (XMR).
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Last week’s overall outflows were largely driven by two funds. Those are Ark Invest/21Shares’ Bitcoin fund (ARKB) and Grayscale’s Bitcoin ETF (GBTC).
Meanwhile, Monero confirmed that it is collaborating with Cake Wallet, adding that the integration of Monero into Keystone Hardware Wallet has commenced.
The EU Innovation Hub identified privacy coins, along with layer 2 initiatives, zero-knowledge proofs, crypto mixing services, and non-compliant crypto exchanges as tools that facilitate the laundering of funds by bad actors.
The surge comes soon after popular digital asset analyst KALEO speculated that the token’s market capitalization could “easily” reach $10 billion during the next bull cycle.
The pressure on privacy-centric crypto projects including LocalMonero and Tornado Cash has recently escalated amid notable Web3 hacks.
Crypto exchange Binance said that it decided to delist XMR and other coins as they do not meet their requirements or the industry changes.
Although the Finnish authorities did not reveal the method used in analyzing Monero, Julius Aleksanteri Kivimäki has been confirmed as the key figure behind the Vastaamo data breach.
Privacy tokens Monero and Zcash are among the tokens given warning tags by Binance. Customers will need to complete a quiz to access them.
OKX has announced that it is deleting 11 trading pairs. These changes will go into effect from early January 2024.
Razer reset all user accounts while asking people to change their passwords.
A recent report from a research and intelligence firm reveals that the Super Mario Forever remake from Buziol Games contains heavy malware.
Binance will not delist privacy coins in Europe, opting instead to review its classification of assets in line with EU law.
As far as the EU is concerned, it is gradually advancing in its crackdowns on the crypto industry through functional regulation.