Top Ways to Protect Your Identity While Investing in Cryptocurrency

Source: https://www.pexels.com/photo/person-holding-blue-iphone-5-c-5146492/ Crypto opens up new ways to take control of your money, but it also puts your privacy at risk. The more popular digital assets become, the more you're exposed to tracking, data leaks, and identity checks. The good news is you can stay private without giving up access or security. By picking the right tools and using smart strategies, you can keep your identity safe while staying active in the crypto world. The Vital Ways to Ensure Your Privacy in Crypto With the increased usage of crypto, more platforms are requesting personal information. The decentralized open system used to be, but is beginning to resemble traditional finance, where you can do little without giving away your ID. Nevertheless, the initial crypto spirit is still there. It is still possible to remain anonymous when operating with crypto, remaining smart and secure, not losing control and not violating any rules. It is how you can keep yourself active in space and yet protect your identity. Explore No-KYC Platforms for Enhanced Privacy The best way to ensure that your identity is safe is to use those platforms that do not require Know Your Customer (KYC) verification. They are decentralized exchanges (DEXs), anonymous crypto wallets, and some online casinos that put a strong emphasis on user privacy. In case you want to trade assets on-chain, store them in a non-custodial environment, or spend crypto on entertainment, you can minimize your digital footprint by avoiding KYC requirements. As an example, crypto-friendly casinos are now offering the option to skip the KYC process which enables users to play without submitting sensitive identification. This approach aligns with broader trends in crypto where users seek autonomy and discretion in how and where they use their funds. When you use non-KYC services, you do not expose yourself to the risks of surveillance and do Non-Custodialnot contribute to the centralization of data, instead, you have more control over your identity within the digital economy. Make Anonymous Transactions using Privacy Coins Privacy coins provide an easy but effective method of ensuring your crypto transactions remain unseen by the world. Such coins as Monero and Zcash apply encryption techniques that complicate the process of tracking the source, destination, or the amount of any transaction. As an example, Monero obscures all transaction information by default, whereas Zcash allows users to choose to keep their activity private. These coins are particularly useful to anyone who does not wish to be traced using blockchain records. Privacy coins will allow you to apply a powerful anonymity layer to your financial actions as opposed to using regular cryptocurrencies. It is what centralized systems can hardly provide. Adopt Wallets to Maintain Control Non-custodial wallets enable you to have complete control over your crypto without the need of third-party services. By using one, you retain your own keys, that is, you are the sole possessor of your money. This arrangement does not require trusting exchanges or apps that may misuse or leak your data. In addition to enhanced security, these wallets maintain a safer identity. Because they do not require account registration and do not have any personal information associated with them, your data is not stored in a central server. That minimizes the risk of your identity being revealed in a leak. Peer-to-Peer Trading to do Direct Transactions P2P trading eliminates the middleman. You do not use an exchange that requires ID and performs KYC checks, but another trader. Such exchanges can be done on decentralized exchanges such as Bisq and LocalCryptos, which may include additional encryption and messaging capabilities to provide additional privacy. It is a more free and controlled way. You decide who to trade with, how to pay and what terms to accept. Without submitting personal documents and binding your activity to a centralized account. Install VPNs to Hide Internet Use A VPN can also assist in making your online trail invisible when you are working with crypto. It secures your connection and directs it via a personal server concealing your IP address. This complicates the work of websites, trackers or even your internet provider to know what you are up to. By connecting to wallets, exchanges, or P2P platforms using a VPN , you minimize the chances of being spied on or attacked specifically. It is a minor, yet significant measure in ensuring that your online identity is not associated with your crypto activity. Keep Your Privacy Front and Center in Crypto It is not easy to keep your identity safe in crypto. By selecting privacy coins, no-KYC solutions, and non-custodial wallets, you will remain anonymous and in control. With the development of the crypto space, the risks also develop. Being a private person implies the application of the appropriate tools and making intelligent decisions at each step. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

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Binance May Retain Zcash (ZEC) Listing After Removing Monitoring Tag Following Review

Binance has reversed its earlier decision to potentially delist the privacy-focused cryptocurrency Zcash (ZEC), signaling confidence in the token’s compliance and stability. This update follows Binance’s comprehensive review process, which

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Binance Unlocks Potential: Zcash (ZEC) Removed from Monitoring Tag in Positive Shift

BitcoinWorld Binance Unlocks Potential: Zcash (ZEC) Removed from Monitoring Tag in Positive Shift In a significant development for the cryptocurrency market, leading crypto exchange Binance has announced a series of crucial updates regarding its token listing categories. This news directly impacts several prominent digital assets, most notably Zcash (ZEC) , which has been removed from the platform’s ‘Monitoring Tag’ list. But what exactly do these tags signify, and why is this particular removal a cause for optimism among investors? Let’s dive deep into this pivotal announcement and its broader implications for the digital asset landscape. Understanding Binance’s Token Tags: Monitoring vs. Seed Binance, as one of the world’s largest crypto exchange platforms, employs a sophisticated system to categorize and flag certain cryptocurrencies listed on its platform. This system is designed to provide transparency and warn investors about potential risks associated with specific assets. The two primary categories in question are the ‘Monitoring Tag’ and the ‘Seed Tag’. What is a Monitoring Tag? A ‘Monitoring Tag’ is typically assigned to tokens that Binance believes may exhibit higher volatility or could potentially fall short of its stringent listing criteria. When a token carries this tag, it signals to users that the asset is under close scrutiny by the exchange. The presence of a monitoring tag often implies an increased risk of delisting if the token fails to meet Binance’s ongoing requirements. This could be due to various factors, including: Significant price volatility Low trading volume or liquidity Concerns about the project’s development activity Regulatory uncertainties Network stability issues What is a Seed Tag? On the other hand, the ‘Seed Tag’ is applied to cryptocurrencies that are generally in their early stages of development. These tokens often represent newer projects with innovative concepts but inherently carry greater risk compared to more established assets. The presence of a seed tag alerts investors to the experimental nature and potential instability of these projects. Reasons for a Seed Tag might include: Limited market capitalization New and unproven technology Smaller community support Higher susceptibility to market manipulation Less mature ecosystem Key Differences Between Monitoring and Seed Tags To better understand the nuances, here’s a quick comparison: Feature Monitoring Tag Seed Tag Purpose Warning about potential delisting risk for established tokens under review. Warning about higher risk due to early development stage. Implies Token may no longer meet listing criteria; under scrutiny. Token is new, experimental, and potentially volatile. Risk Level High volatility, potential delisting. Greater inherent risk due to immaturity. Target Tokens Generally more established tokens facing issues. Newer projects, often recently listed. Why Was Zcash (ZEC) Removed from the Monitoring Tag List? The core of this announcement revolves around Zcash (ZEC) . Its removal from the Monitoring Tag list on July 9 is a strong vote of confidence from Binance. While Binance did not provide specific reasons for each removal, such decisions typically follow a comprehensive review process where the exchange assesses various factors. For Zcash (ZEC) , this could imply several positive developments: Improved Fundamentals: The Zcash project may have demonstrated significant progress in its development roadmap, network stability, or adoption. Enhanced Liquidity: Increased trading volume and liquidity for ZEC on Binance and other platforms could reduce volatility concerns. Regulatory Clarity: Progress in regulatory discussions or a clearer stance on privacy coins in key jurisdictions might have alleviated some of Binance’s concerns. Community Engagement & Governance: A more active and robust community, coupled with effective governance, often signals a healthier project. For investors, this removal suggests that Binance now views Zcash (ZEC) as a more stable and compliant asset, reducing the immediate risk of delisting. This positive re-evaluation can significantly impact investor sentiment, potentially leading to increased confidence and trading activity for ZEC. Beyond Zcash: Seed Tag Removals for ENA, PYTH, TAO, and W In addition to Zcash, Binance also announced the removal of Seed Tags for several other prominent cryptocurrencies: Ethena (ENA), Pyth Network (PYTH), Bittensor (TAO), and Wormhole (W). This is equally significant news, albeit for different reasons. When a seed tag is removed, it generally means that the project has matured beyond its initial, high-risk developmental phase. For ENA, PYTH, TAO, and W, this could indicate: Increased Project Maturity: These projects have likely demonstrated sustained development, product delivery, and ecosystem growth. Enhanced Stability: Their networks might have proven more robust, with fewer critical vulnerabilities or operational issues. Broader Adoption: Growing user bases, partnerships, and integration within the broader crypto ecosystem contribute to their perceived stability. Sufficient Liquidity: The tokens have likely achieved consistent trading volumes and market depth, reducing concerns about market manipulation or illiquidity. The removal of the Seed Tag is a positive signal for these assets, suggesting they are moving towards a more established and stable position within the market. This can attract a wider range of investors who might have previously shied away due to the perceived higher risk associated with ‘seed’ projects. What This Means for the Crypto Market and Investors These tag removals by Binance are more than just administrative updates; they reflect ongoing market dynamics and Binance’s commitment to maintaining a robust and secure trading environment. Here are some key takeaways for investors: Increased Investor Confidence: For tokens like Zcash (ZEC) , the removal of the monitoring tag can significantly boost investor confidence, potentially leading to increased demand and price appreciation. It signals that the exchange has validated the project’s health and adherence to its standards. Maturity of Emerging Projects: The removal of Seed Tags for ENA, PYTH, TAO, and W indicates that these projects are progressing well, transitioning from nascent ventures to more established players in their respective niches (synthetic dollars, oracle services, decentralized AI, cross-chain bridges). This bodes well for their long-term viability. Binance’s Due Diligence: This announcement underscores Binance’s continuous review process. Investors can infer that the exchange is actively monitoring listed assets, providing a layer of security and trust in the tokens available on its platform. Actionable Insight for Traders: Traders might view these changes as potential buying signals, especially for ZEC, given the reduced delisting risk. However, it’s crucial to remember that market movements are complex, and this news should be part of a broader research strategy. Challenges and Opportunities in a Dynamic Market While these removals are positive, the crypto market remains inherently volatile. For projects, the challenge is to maintain the standards that led to the tag removal. For investors, the opportunity lies in identifying projects that demonstrate consistent growth and stability, moving past their initial high-risk phases. This development highlights the importance of liquidity, regulatory compliance, and sustained development for any cryptocurrency project hoping to gain long-term traction and trust from major exchanges and investors. It also reinforces the idea that even established coins like ZEC are subject to continuous review and must evolve to meet exchange criteria. Conclusion: A Positive Outlook for Featured Assets Binance’s decision to remove Zcash (ZEC) from its Monitoring Tag list, alongside the removal of Seed Tags for Ethena (ENA), Pyth Network (PYTH), Bittensor (TAO), and Wormhole (W), marks a significant positive shift for these respective projects. It signals that these cryptocurrencies have either improved their standing in terms of stability and compliance or have matured significantly beyond their early-stage risks. For the broader crypto exchange ecosystem, this demonstrates Binance’s commitment to regular evaluations, ensuring a more transparent and potentially safer trading environment for its vast user base. Investors should view these updates as crucial indicators of a project’s health and market acceptance, always remembering to conduct their own thorough research before making investment decisions. To learn more about the latest crypto market trends, explore our article on key developments shaping cryptocurrency institutional adoption. This post Binance Unlocks Potential: Zcash (ZEC) Removed from Monitoring Tag in Positive Shift first appeared on BitcoinWorld and is written by Editorial Team

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Binance Drops Tags on ZEC & Others – Here’s Why

Crypto tokens listed on Binance with the monitoring tag typically exhibit higher volatility than other tokens. Crypto tokens with seed tags on Binance represent new and innovative projects with higher volatility. The tag removal will increase market confidence and trading activity of these tokens. Binance Holdings Ltd., the largest cryptocurrency exchange in terms of globally registered users and daily average trading volume, has announced the removal of ‘monitoring tags’ and ‘seed tags’ on several of their listed crypto assets. The cryptocurrency exchange announced on Wednesday, July 9, 2025, that the monitoring tag for Zcash (ZEC) and seed tags for Wormhole (W), Ethena (ENA), Pyth Network (PYTH), and Bittensor (TAO) have been removed immediately. The removal of monitoring tag and seed tags for the aforementioned crypto assets is an indication of a maturing market. Moreover, the trading activities for the impacted crypto assets will increase over time due to enhanced market confidence and exposure to more traders. Major Reasons Why Binance Removed Tags on Several Crypto Assets Today Binance conducts thorough project research to ensure inves… The post Binance Drops Tags on ZEC & Others – Here’s Why appeared first on Coin Edition .

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Short ZEC: Dip below 100 and 200 DMA dampens the outlook for ZEC

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WOO X May Expand Derivatives Market with Launch of Zcash Perpetual Futures

WOO X has expanded its derivatives market by launching Zcash perpetual futures, offering traders up to 10x leverage starting June 9, 2025. This strategic addition aims to enhance liquidity and

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ZEC: Proposal by Batuhan (User): Donation Campaign: Zcash Turkish Team at Istanbul Blockchain Week! (2025)(Proposals)

ZEC: Proposal by Batuhan (User): Donation Campaign: Zcash Turkish Team at Istanbul Blockchain Week! (2025)(Proposals) $ZEC #Zcash

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Crypto Without Privacy Isn't Crypto

Privacy is the soul of crypto, and without it, nothing else we’re doing really matters. If you care about financial sovereignty, you need privacy. If you care about coordinating with others to effect social change, or thinking freely, or building a more prosperous society, you need the free exchange of value. Freedom begins with privacy. As engineers and scientists working on Zcash, we have spent years developing private financial tools that will be embedded into the future of civilization. It is no exaggeration to say that our descendants will either live in a world that rests upon the foundations that we are building today, or else live in a world that we neglected. Zcash was the first cryptocurrency to ship real, strong privacy with zero-knowledge proofs. Solving the privacy problem with cryptography was only the first step: we needed to quickly iterate and improve our cryptography so that it was practical to run on phones, and invest heavily into research that would make it possible to scale. Today, our innovations sit at the heart of many decentralized protocols. But while the path forward for scaling the private on-chain payments is now straightforward, no project has addressed the fundamental challenge of scaling private wallets at the same time. Most users of cryptocurrencies will use wallet software that relies on a remote server to enable sending and receiving payments. This helps address scaling problems by pushing bandwidth and computational burdens away from users’ devices, but comes at the cost of requiring the user to relinquish their privacy to remote services. To make our privacy-preserving monetary project a reality we need a user experience that is just as convenient as one that has no privacy at all. The simplest solution is to use exotic cryptography to enable remote servers to assist our local wallet software without revealing any private information. We’ve known that this is theoretically possible, but until recently it seemed to be impractical at scale — at least a decade of new science away, or so we thought. Enter Project Tachyon . With existing cryptography and some clever protocol adjustments, it is completely practical for Zcash’s wallet software to synchronize with a highly active blockchain full of transactions by outsourcing the expensive parts to untrusted third party servers. The servers don’t learn anything about your wallet and cannot even tell which on-chain transactions correspond with their users. To be sure, the cryptography needed to make this possible and scalable is still not simple. Fortunately, Zcash has a long track record of building and shipping this exact kind of advanced cryptography. We’ve already set the stage for it in some of our recent upgrades, and with Project Tachyon we plan to make rapid progress deploying the remaining changes over the next year. I’m excited that we have such strong enthusiasm and alignment in the Zcash community to make it a reality. But I’m also relieved that we can meet the moment and actually build highly scalable, unstoppable digital money. We don’t have time to wait for any more research or scientific advances. Fortunately, with Tachyon, we can build and deliver today.

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Meta signs 20-year nuclear power deal with Constellation Energy

Constellation Energy stock skyrocketed by roughly 11% to 345.84 per share at the time of publication, following the signing of a 20-year nuclear power purchase agreement (PPA) with Meta. Beginning in June 2027, Meta agreed to purchase around 1,121 megawatts of emissions-free nuclear energy and the Clinton Clean Energy Center to support Meta’s clean energy goals. The companies said the agreement will support the continuing operation of Constellation’s high-performing Clinton nuclear facility for another two decades. The deal will also support the plant’s relicensing after its funded zero emission credit (ZEC) program, which it has relied on since 2017, expires. Meta and Constellation plan to revive and expand Clinton power plant We’ve signed an agreement with @Meta for the emissions-free output of Clinton Clean Energy Center. Deal supports Meta’s clean energy goals and operations in the region while enabling us to relicense and continue operating Clinton for another 20 years. 1/3 https://t.co/VQnTVnl1jp — Constellation (@ConstellationEG) June 3, 2025 The energy firm said the agreement would expand Clinto’s clean energy output by 30 megawatts through plant uprates and preserve 1,100 high-paying jobs. The deal will also deliver $13.5 million in annual tax revenue and add $1 million in charitable giving to local nonprofits over five years. The energy center will not power Meta directly but will continue to provide emissions-free power onto the local grid, providing power to the region for decades to come. Constellation CEO Joe Dominguez acknowledged that the firm also announced plans to restart the Crane Clean Energy Center last year. She noted that its closure cost the community jobs, tax revenue, more pollution, and higher prices. “We are proud to partner with Meta because they asked that important question, and even better, they figured out that supporting the relicensing and expansion of existing plants is just as impactful as finding new sources of energy. Sometimes the most important part of our journey forward is to stop taking steps backwards.” – Joe Dominguez , CEO and President of Constellation. Urvi Parekh, Head of Global Energy at Meta, said the firm was excited to partner with Constellation and the Clinton Community to ensure the long-term operations of the nuclear plant, add new capacity, and help preserve over 1,000 jobs. He also noted that securing clean and reliable energy is necessary to advance Meta’s AI ambitions. Parekh highlighted that the tech company will keep the Clinton plant operating for years to demonstrate that it’s important to strengthen American energy leadership. The energy firm also announced in September 2024 that it would restart Three Mile Island – the site of the worst nuclear meltdown in U.S. history – and less the power to Microsoft under a 20-year agreement. Constellation said it expects the Unit 1 reactor at Three Mile Island near Middletown, Pennsylvania, to come back online in 2028, subject to approval by the Nuclear Regulatory Commission. The company also plans to apply to extend the plant’s operations to at least 2054. Tech companies aim to expand nuclear power Meta had put out a request for proposals in December to find nuclear energy developers to partner with, revealing that they wanted to add between one and four gigawatts of new nuclear generation in the U.S. Amazon, Alphabet, Google, and Meta also signed a pledge in March to support efforts to at least triple nuclear energy globally by 2050. Amazon , Google, and Meta are pushing the energy demand in the U.S. as they build out artificial intelligence centers. After collaborating with small modular reactor developer Kairos Power last year, Google recently pledged to fund the establishment of three new nuclear sites. Amazon also invested over $500 million to develop SMRs in October and purchased a data center campus powered by the Susquehanna nuclear plant in March 2024. On May 23, U.S. President Donald Trump signed four executive orders to advance nuclear development, setting a target of quadrupling U.S. nuclear energy by 2050. Trump also ordered the overhaul of the Nuclear Regulatory Commission, with the new commission being required to decide on nuclear reactor licenses within 18 months. The White House has also called for speeding approval for small modular reactors. Constellation revealed Tuesday that it is considering seeking a new permit from the Nuclear Regulatory Commission to build a small modular reactor at the Clinton site. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

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