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Privacy coins are surging. Will regulatory pressure stall their stellar run?

Recent weeks saw a massive surge of the so-called privacy coins’ prices — namely Monero (XMR), Dash (DASH), Zcash (ZEC) and Haven Protocol (XHV). As many other cryptocurrencies and the industry at large faced immense regulatory pressure amid the war in Ukraine, one narrative that began taking hold in the crypto space was the potential of such privacy-enhancing assets to provide investors a greater level of financial anonymity. But, can privacy coins deliver on Bitcoin’s (BTC) original promise?  A good month for privacy-focused assets Over the past month, Monero has almost doubled its tally. With some minor oscillations, it rose from $134 on Feb. 24 to over $200 on March 26. ZEC showed even more impressive dynamics that hiked from $88 to $202 over the same period. DASH also pulled off ...

CMD: Lafia specialist hospital meets requirements for teaching hospital

The Chief Medical Director of the Dalhatu Araf Specialist Hospital, Dr Ikrama Hassan, has said that ‘DASH has fulfilled all requirements for a Teaching Hospital take off in Lafia.’ Hassan said this at the National Assembly during the public hearing conducted by the Senate Committee on Health, as part of the procedures for the passage of the bill, seeking the establishment of a teaching hospital for the medical college of the federal university; a bill sponsored by the former governor, Umaru Tanko Al-Makura. Dr Hassan explained the situation on the ground saying that it is a ‘win-win situation’, adding that the federal government does not need to put in so much as adequate infrastructure, equipment and manpower are already on the ground. ‘If the federal government gives the additional neede...

VP Osinbajo: How grassroots planning helped our social investment programmes

One factor responsible for the impactful implementation of the Social Investment Programmes of the Buhari administration over the years is the realization that you can’t reach Nigerians if you don’t have a plan for the grassroots, according to Vice President Yemi Osinbajo, SAN. This realization then influenced the structure designed for the SIP and is largely responsible for the successes of the programme (which is now regarded as one of the biggest social welfare schemes in the continent). Prof. Osinbajo stated this Sunday in Lagos at the inauguration of the Dash Me Store, an outfit of the Dash Me Foundation founded by the immediate past Finance Minister, Mrs Kemi Adeosun. The store is established to mobilize resources for onward distribution to vulnerable people in the society via grassr...