Dash (DASH)
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About DASH
Dash (DASH) is a cryptocurrency focused on providing fast, low-cost, and private transactions. With features like InstantSend and PrivateSend, it offers users a high level of flexibility and privacy. Dash's masternode network facilitates advanced features and decentralized governance.
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News
US Senator Pushes Crypto Tax Bill With $300 De Minimis Threshold
A sweeping crypto tax overhaul promises to unlock everyday digital asset use by slashing compliance burdens, exempting small transactions, and aligning crypto with traditional finance rules. De Minimis Rule Aims to Eliminate Tax Headaches for Small Crypto Payments Tax policy…
SEC Issues Guidance on Crypto ETP Compliance Obligations Under Federal Law
The SEC delivered sweeping guidance for crypto ETP issuers, outlining strict disclosure standards that could fast-track compliant offerings and expand institutional access to digital assets. SEC Clarifies Rules for Crypto ETPs Under Securities Acts The U.S. Securities and Exchange Commission…
North Korean Hacking Groups Employ New Methods to Target Web3 Companies
North Korean hacking groups are developing new methods to target Web3 companies, including some aimed at infecting Apple systems. Additionally, the use of social engineering is becoming more prevalent in these attacks, highlighting the level of preparation involved in these…
Summer Curtailments Slash Bitcoin Production for US Miners Amid Grid Pressures
The summer heat is taking a toll on U.S.-based Bitcoin mining operations, with multiple public miners reporting lower realized hashrates in June due to curtailments to avoid high power costs and grid penalties. This article is from Theminermag, a trade…
Why Bitcoin Isn't Soaring? Cryptoquant Analysts Points to 895K Demand Drop Outweighing Institutional Buys
Despite significant bitcoin accumulation by U.S. exchange-traded funds (ETFs) and companies like Strategy (MSTR), broader market demand for the leading crypto asset has contracted sharply, effectively offsetting potential price gains and preventing new all-time highs, according to a July 3,…
Frequently Asked Questions about Dash
What is Dash (DASH)?
Dash (DASH) is an open-source cryptocurrency designed to offer fast, low-cost transactions globally. It was launched in January 2014 as a fork of Litecoin and has since evolved with features like masternodes and decentralized governance.
How does Dash work?
Dash uses a two-tier network structure with masternodes to facilitate instant and private transactions. The network's focus is on fast, low-fee transactions with optional privacy features (PrivateSend).
What makes Dash unique?
Dash's unique features include InstantSend (near-instantaneous transactions), PrivateSend (optional privacy), and the masternode structure which facilitates advanced features and governance.
Where can I buy and trade Dash (DASH)?
DASH can be traded on various centralized crypto exchanges. The most popular exchange to buy and trade Dash is Binance, where the most active trading pair DASH/USDT has a trading volume of $421.69 million in the last 24 hours.
What are the benefits of using Dash?
Dash offers fast, low-cost transactions, as well as optional privacy features and governance through its masternodes. It's accepted by over 159,000 merchants worldwide.
How can I store my Dash (DASH) tokens securely?
DASH can be stored in any Dash-compatible wallet, including hardware wallets like Ledger and Trezor, as well as software wallets like MetaMask and Trust Wallet.
Is Dash (DASH) a good investment?
As of December 4, 2024, Dash has a market cap of approximately $622.21 million and a 24-hour trading volume of around $421.69 million. As with any investment, it's essential to conduct thorough research and consider market volatility.