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ZKSNACKS Coinjoin Coordination Service Will Stop Functioning From June 1


by CoinEdition
ZKSNACKS Coinjoin Coordination Service Will Stop Functioning From June 1
  • ZKSNACKS has announced it is shutting down its Coinjoin coordination service from June 1, 2024.
  • The company cited regulatory uncertainty as the main reason for its decision.
  • Wasabi Wallet will continue functioning as a regular Bitcoin wallet.

ZKSNACKS, the company pioneering the development of the Wasabi wallet, has announced it is shutting down its Coinjoin coordination service from June 1, 2024. In a recent report, the company cited regulatory uncertainty as the main reason for discontinuing the privacy-focused service.

Posting on the Wasabi wallet blog, zkSNACKs highlighted that it decided to shut down the Coinjoin service following thoughtful considerations. However, the company noted that it will continue functioning as a regular Bitcoin wallet where users can generate private keys to receive and send Bitcoins.

Meanwhile, the f…

The post ZKSNACKS Coinjoin Coordination Service Will Stop Functioning From June 1 appeared first on Coin Edition.

Read the article at CoinEdition

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ZKSNACKS Coinjoin Coordination Service Will Stop Functioning From June 1


by CoinEdition
ZKSNACKS Coinjoin Coordination Service Will Stop Functioning From June 1
  • ZKSNACKS has announced it is shutting down its Coinjoin coordination service from June 1, 2024.
  • The company cited regulatory uncertainty as the main reason for its decision.
  • Wasabi Wallet will continue functioning as a regular Bitcoin wallet.

ZKSNACKS, the company pioneering the development of the Wasabi wallet, has announced it is shutting down its Coinjoin coordination service from June 1, 2024. In a recent report, the company cited regulatory uncertainty as the main reason for discontinuing the privacy-focused service.

Posting on the Wasabi wallet blog, zkSNACKs highlighted that it decided to shut down the Coinjoin service following thoughtful considerations. However, the company noted that it will continue functioning as a regular Bitcoin wallet where users can generate private keys to receive and send Bitcoins.

Meanwhile, the f…

The post ZKSNACKS Coinjoin Coordination Service Will Stop Functioning From June 1 appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin ETFs See $602 Million Surge as Inflow Momentum Builds

Bitcoin ETFs See $602 Million Surge as Inflow Momentum Builds

Bitcoin exchange-traded funds (ETFs) continued their red-hot streak with a $602 milli...
Debt, Deficits, and the Dollar: Why Bitcoin and Crypto Could Thrive Amid U.S. Fiscal Woes

Debt, Deficits, and the Dollar: Why Bitcoin and Crypto Could Thrive Amid U.S. Fiscal Woes

Billionaire investor Ray Dalio has warned that the United States is locked into a wor...