Dash, Monero, Zcash Prices Soar as Crypto Investors Rotate to Privacy Coins

Crypto investors are rotating to privacy tokens, making them among the best gainers in the industry. Dash (CRYPTO: DASH) token jumped to $73.73, its highest level since January 20. Monero (CRYPTO:

BenzingaSep 6 02:40

Privacy coins surge 19%, igniting market momentum, as Bitcoin breaks through the $81,000 mark.

Privacy-focused assets led the rally in the cryptocurrency market, driving Bitcoin past the $81,000 threshold. Major cryptocurrencies posted broad gains, while total market liquidations exceeded $300 million. Traditional safe-haven assets and U.S. equity futures remained stable, signaling a significant improvement in market sentiment.

Zhitong FinanceSep 4 20:57

Bitcoin Clears $81,000 as Privacy Coins Lead a Broad Crypto Rally

BTC pushed through the level that capped it in late August, while zcash gained 16% and dash 19%.

CoinDeskSep 4 17:57

High Net-Worth Crypto Holders Shifting Collateral Away From BTC -- Market Talk

1112 ET - High net-worth borrowers using cryptocurrency as collateral for their loans are shifting away from bitcoin reliance, incorporating a wider mix that includes privacy-coin upstart Zcash.

WSJSep 2 23:12

Express News | The largest XMR holder, a leading privacy coin, generated over $3.15 million in total profits from a single-asset long position in just 23 days.

According to on-chain analyst @ai_9684xtpa, the largest holder of $XMR, the leading privacy coin, has generated total profits exceeding $3.15 million from a long position in just 23 days. The trade was initiated on August 9. At its peak, the position reached 34,000 XMR (approximately $16.72 million). Half of the position was closed last night, realizing a profit of $1.637 million. Currently, the holder retains 16,000 XMR with 4x leverage, carrying an unrealized profit of over $1.53 million.

BreakingsAug 31 09:40

Express News | Bubblemaps: Attacker stole $50 million worth of NES tokens but realized only $60,000 in profit

In a post on the X platform, Bubblemaps stated that the attacker exploited a vulnerability in the Cosmos EVM shared module to steal NES tokens valued at $50 million, ultimately realizing a profit of only about $60,000. Previously, Cosmos Labs had reported security vulnerabilities in its shared Cosmos EVM software, affecting multiple chains built on this module, including Nesa. According to disclosures, the primary attacker, using an address starting with 0x9AE7, initially spent $250,000 to purchase NES and bridged them to the Nesa Chain. The attacker then exploited the vulnerability to inflate the account balance by 200 times and bridged $50 million worth of NES back to Ethereum. The initial funds for this wallet originated from Monero. The attacker subsequently distributed the tokens across multiple wallet addresses, swapped NES for ETH on decentralized exchanges (DEXs), and deposited the proceeds into centralized exchanges. Due to the rapid withdrawal of liquidity from the pools, most of the attacker's swap transactions suffered severe slippage. The actual cost of launching the attack was $255,000, with only $315,000 cashed out, resulting in a net profit of approximately $60,000.

BreakingsAug 26 22:08