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Tag: Monero News

Upcoming Sidechain Project Tari to Build a Decentralized Assets Protocol on Monero

Category: Altcoins, Blockchain, News, Tech

Upcoming Sidechain Project Tari to Build a Decentralized Assets Protocol on Monero

Building on the work he’s done with Monero (XMR) in the past, core team developer Riccardo “Fluffy Pony” Spagni is primed to launch a decentralized assets framework on the privacy-centric protocol, along with Naveen Jain and Dan Teree. The move is compared to Bitcoin’s colored coins project of 2012, and in more recent times, the Ethereum protocol.   Platform to…

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Monero’s Hardware Wallet Project Moves into the Next Phase

Category: Altcoins, News, Tech

Monero’s Hardware Wallet Project Moves into the Next Phase

The Monero hardware project completed the first stage at the end of April, developing the internals and boards. The next stage is to develop a proper enclosure, perform injection molding and other finishing touches; the project’s funding goal is already approximately 25 percent complete. BTCManager spoke to Michael Schloh von Bennewitz, Monero’s hardware team lead, to find out more. BTCManager…

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Circle Invest Cryptocurrency App Adds Support for Monero

Category: Altcoins, Business, Finance, News

Circle Invest Cryptocurrency App Adds Support for Monero

Circle Invest, the cryptocurrency investment app from Circle – a firm that has been around since 2013 – announced support for the fungible altcoin, monero (XMR) on May 7. Widening the Circle Since Circle Invest joined the crypto bandwagon back in 2013, the firm has not stopped making it easy for its customers to invest in digital currencies. In a…

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Cryptojacking Strikes Again! Hackers Target Government Websites to Mine Monero

Category: Altcoins, Commentary, News, Tech

Cryptojacking Strikes Again! Hackers Target Government Websites to Mine Monero

Cryptojacking, the novel hacking process which inflicts a victim’s computer with code to mine cryptocurrency, is evidently on the rise as hackers have targeted hundreds of popular websites with fraudulent software to mine the fungible digital coin monero (XMR). “Cryptojacking” A Sophisticated Crime In 2018 alone, thousands of users have fallen victim to malicious cryptojacking code. Surprisingly, it is not…

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UNICEF Australia’s Website Uses Your Browser to Mine Monero and Aid Rohingya Refugees

Category: Altcoins, Finance, Mining, News

UNICEF Australia’s Website Uses Your Browser to Mine Monero and Aid Rohingya Refugees

UNICEF, a humanitarian and development agency that aims to protect the safety and inclusion of all disadvantaged children globally through voluntary donations, is catching onto the benefits of cryptocurrency. The organization is making use of monero mining to fulfill their mission; “All children have a right to survive, thrive and fulfill their potential – to the benefit of a better…

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Cake Wallet Receives Seal of Approval from the Monero Project

Category: Altcoins, Finance, News, Tech

Cake Wallet Receives Seal of Approval from the Monero Project

If you’ve been into Monero (XMR) for a while, you’ll know that there was a time when mobile wallets were non-existent. As the ecosystem grows and begins to thrive, a wallet for iOS devices has emerged and recently won over the Monero Core team. Monero Wallets are Beginning to Blossom Known as Cake Wallet, the startup’s journey from inception to…

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Monero Fork XMV Changes Tact, Promises ‘Open Source’ and Key Reuse Safeguards

Category: Altcoins, Commentary, News

Monero Fork XMV Changes Tact, Promises ‘Open Source’ and Key Reuse Safeguards

The airdropped fork of Monero, MoneroV (XMV), recently delivered an announcement promising they would open source their code, and take the necessary safeguards to minimize their impact on one aspect of Monero’s fungibility, ring signatures, if users decide to claim XMV. BTCManager first reported on MoneroV in February 2018, with the fork looking like it could deal some minor damage…

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Cryptocurrencies Need A ZeroNet “Zite”: Starting with Monero, Here’s Why

Category: Altcoins, Bitcoin, News, Tech

Cryptocurrencies Need A ZeroNet “Zite”: Starting with Monero, Here’s Why

In the past month, several social media platforms took a harsh stand against cryptocurrencies and placed indefinite bans on cryptocurrency advertisements, effectively cutting any chance of relevant information reaching out to the world. However, the future of decentralized assets may lie in a similar decentralized platform; ZeroNet. Global Crackdown On Cryptocurrencies and ICOs In 2018, several countries and financial institutions…

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Prior To Fork, ASICs Were Accounting For Majority of Monero’s Hashrate

Category: Altcoins, Blockchain, Commentary, News

Prior To Fork, ASICs Were Accounting For Majority of Monero’s Hashrate

A few days ago, BTCManager ran a story on the Monero hard fork and how it might show if the blockchain had been secretly hijacked by ASIC miners. Suspicions over the way in which hashrate of the Monero blockchain had increased dramatically toward the end of 2017 when there was a general boom in the market led to speculation that…

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Monero’s Scheduled Upgrade to Soon Reveal the Extent of ‘Secretive’ ASIC Mining

Category: Altcoins, Blockchain, News, Tech

Monero’s Scheduled Upgrade to Soon Reveal the Extent of ‘Secretive’ ASIC Mining

On April 6, Monero conducted its bi-annual scheduled upgrade, or hard fork, to increase the minimum ring size and alter the Proof of Work to nullify Bitmain’s ASIC miners. As for the success of the move, the next ten days or so will inform us of the effectiveness of the controversial decision by the Monero developers to stamp out ASICs,…

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