#XMR News

Bitsa Prepaid Crypto Card Adds Monero (XMR) Support

February 23, 2020 by Aisshwarya Tiwari at Altcoins

According to a press release issued on February 21, 2020, Monaco-based cryptocurrency startup Bitsa has added support for privacy-centric cryptocurrency Monero (XMR) to its crypto prepaid card called Bitsa Card. Monero (XMR) Support Added by Bitsa In a major boost to the efforts for mainstream adoption of digital currencies, European...

Monero (XMR/USDT) Perpetual Contracts Arrive on Binance Futures

February 3, 2020 by Aisshwarya Tiwari at Altcoins

Cryptocurrency exchange Binance’s futures trading platform – Binance Futures - on February 2, 2020, announced the launch of XMR/USDT Perpetual Contracts with leverage up to 75x. Monero (XMR) Futures Arrive on Binance Futures On February 2, 2020, Malta-based cryptocurrency exchange’s futures trading arm – Binance Futures – announced that it...

Monero (XMR) Hashrate Reaches ATH Shortly After ASIC-Resistance Hard Fork

January 3, 2020 by Aisshwarya Tiwari at Altcoins

Privacy-focused cryptocurrency Monero’s (XMR) hashrate recently reached a new ATH after it underwent a change in its proof-of-work (PoW) consensus algorithm. This, according to data from Bitinfocharts, January 3, 2020. What Spiked the Hashrate? One of the major privacy-centric digital currencies, Monero recently underwent a slight change in its PoW...

Hackers Using Taylor Swift Image to Embed Monero (XMR) Miner

December 19, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Bad actors are now embedding the MyKings Monero (XMR) mining botnet in JPEG images of popular singer, Taylor Swift, in a bid to cover their cryptojacking activities on their hosts’ computers, according to a ZDNet report on December 19, 2019. MyKings Monero (XMR) Miner on Rampage In a bid to...

Monero (XMR) Defends Decision to Implement ASIC Resistance

November 14, 2019 by Ashwath Balakrishnan at Altcoins

Coinbase recently published an article regarding security for Proof of Work (PoW) blockchains. While discussing the topic of ASIC resistance, Coinbase criticized such an approach, highlighting Monero's need to hard fork every 6 months a significant burden that may not be worth it just to block out ASIC miners. Monero...

Dubai: BTSE Exchange Launches Monero (XMR) Futures Contracts

November 2, 2019 by Aisshwarya Tiwari at Altcoins

Dubai-based cryptocurrency financial products exchange, BTSE, on October 31, 2019, announced the launch of the Monero (XMR) futures contracts. BTSE Introduces Monero Futures Contract While Bitcoin (BTC) futures have become a common occurrence in the rapidly spreading cryptospace, altcoin futures contracts – especially those based on privacy-focused cryptocurrencies – are...

Report: Researchers Discover New Cryptojacking Malware for Mining Monero

August 15, 2019 by Ogwu Osaemezu Emmanuel at Crime

Varonis, a data security and analytics company, has discovered new strains of cryptojacking malware that hijacks a victim's computer resources to mine monero (XMR), and a mysterious web shell while investigating the cause of a cryptomining infection for a client. Notable among the detected malware, is Norman, a stealthy Monero...

Bad Actors Hijack Ukraine’s Government System to Mine Monero

June 25, 2019 by Ogwu Osaemezu Emmanuel at Crime, News

Hackers have planted cryptocurrency mining malware on the computers of the Ukrainian State Judicial Administration (SJA), secretly minting privacy-centric monero (XMR) altcoin for over six months, reports Finance Magnates on June 24, 2019. Stealthy Cryptojacking Operation Uncovered Per sources close to the matter, Ukrainian security personnel have discovered a secret...

Small Black Squid Sitting on a Computer Screen

BlackSquid Malware Exploiting Web Servers to Mine Monero (XMR)

June 5, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Cybersecurity researchers have discovered BlackSquid, a new malware family that exploits unpatched loopholes in web servers, network drives, and removable drives to mine privacy-centric monero (XMR), according to a TrendMicro report on June 3, 2019. Mining Monero in Stealth Mode Per the team, the notorious malware uses “multiple web server...

Monero Hard Fork: Battling Mining Centralization with ASIC Resistance

June 4, 2019 by Ashwath Balakrishnan at Altcoins

The anonymous cryptocurrency Monero plans to carry out a hard fork to make the network resistant to ASIC miners in an attempt to promote network decentralization. The erstwhile Cryptonight algorithm is likely to be removed in favor of RandomX to keep mining centralization at bay, June 4, 2019. Community Driven...

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