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Tag: XMR

Private No More: U.S. Authorities Developing Techniques to Track Cryptocurrencies Like Monero and Zcash

Category: Altcoins, Crime, Finance, News, Regulation

Private No More: U.S. Authorities Developing Techniques to Track Cryptocurrencies Like Monero and Zcash

A pre-solicitation document published by the Department of Homeland Security’s Small Business Innovation Research Program (SBIR), on November 30, 2018, hints that the U.S. authorities might be on their way to deanonymize private cryptocurrency transactions. This development might have a tremendous impact on privacy-centric digital currencies like Zcash (ZEC), and Monero (XMR). ZCash, Monero under the Radar Perhaps it’s time…

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McAfee Labs Report: Crypto-Jacking Malware Mining Several Coins on Host System Detected

Category: Blockchain, Crime, Finance, Mining, News, Platform

McAfee Labs Report: Crypto-Jacking Malware Mining Several Coins on Host System Detected

A report submitted by McAfee researchers on November 12, 2018, claims that a new crypto mining malware capable of mining different cryptocurrencies depending on the host’s system is on the loose. Russian Malware Attacks Global Networks Crypto-jacking malware and its attack vectors are becoming more efficient by the day. A new Russian malware that mines different cryptocurrencies based on the…

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Interstellar Announces Pre-Release of Its Bulletproofs Implementation

Category: Adoption, Altcoins, Blockchain, Finance, News, Tech

Interstellar Announces Pre-Release of Its Bulletproofs Implementation

Interstellar, a cryptocurrency wallet and decentralized exchange powered by the Stellar network, has launched the pre-release version of our Bulletproofs implementation, an important building block for a range of privacy-preserving protocols, the company announced in a blog post on November 8, 2018. Stable Interface for Creating and Verifying Range Proofs Popular online wallet and cryptocurrency exchange Interstellar has announced the…

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Monero Lead Developer Calls Ethereum an “Idiotic and Unscalable Idea”

Category: Altcoins, Ethereum, Finance, News, Platform, Tech

Monero Lead Developer Calls Ethereum an “Idiotic and Unscalable Idea”

On November 3, Monero Core team member and lead developer Riccardo Spagni launched a broadside against Ethereum, stating that the world’s second largest blockchain is fundamentally flawed and is built on a non-solid basis that emphasizes the provision of solutions to problems that do not exist. ‘Not Invented Here Syndrome’ Writing on his Twitter account on Saturday, Spagni took aim…

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Everything You Need to Know About Monero’s Upcoming “Beryllium Bullet” Hard Fork

Category: Altcoins, Blockchain, Finance, Mining, News, Platform, Tech

Everything You Need to Know About Monero’s Upcoming “Beryllium Bullet” Hard Fork

Monero announced to miners and users alike the scheduled hard fork for October 18th, in a blog post listing the details of the “Beryllium Bullet” release. A whole slew of updates is announced with some of the major ones being Bulletproofs enabled for reduced transaction size and an updated PoW algorithm to be less ASIC friendly. As with any hard…

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Flash Exploited by Cryptojackers to Mine Monero, Over 100 Instances Flagged by Adobe

Category: Altcoins, Blockchain, Crime, Finance, Mining, News

Flash Exploited by Cryptojackers to Mine Monero, Over 100 Instances Flagged by Adobe

Adobe’s Flash Player, once a prominent feature of the last decade to enable millions around the world to play internet games, has made its way to the hackers’ arsenal as they look to leverage all forms of customer-facing software to illegally mine cryptocurrencies, reported Finance Magnates on October 12, 2018. Old Tricks, new Rewards Research published by the cybersecurity research…

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Six Reasons Why Privacy Coins Are Not Just For Criminals

Category: News

Six Reasons Why Privacy Coins Are Not Just For Criminals

Privacy-centric digital currencies are coming under more scrutiny as their use on dark web marketplaces is on the rise. Law enforcement agencies and several financial regulators are concerned that anonymous digital currencies could be used to facilitate terrorist financing and money laundering in a de facto untraceable manner. Japan, for example, has already acted on these concerns and have prohibited…

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Monero Releases “Best Practices” to Help Keep Users Safe

Category: Altcoins, Blockchain, Finance, News, Platform, Tech

Monero Releases “Best Practices” to Help Keep Users Safe

Monero, one of the most prominent privacy-focused cryptocurrencies, recently released a series of pages collectively called “Monero Best Practices.” The collection has tips for those looking to handle their Monero in the safest manner possible and has useful information for beginners and veterans alike. In total, there are seven pages with topics spanning from setting up your first wallet to…

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ShapeShift Refutes the Wall Street Journal’s Claims of Money Laundering

Category: Altcoins, Bitcoin, Commentary, Exchange, Finance, News

ShapeShift Refutes the Wall Street Journal’s Claims of Money Laundering

In a blog post published October 1, 2018, cryptocurrency exchange service ShapeShift refuted a recent Wall Street Journal report claiming that approximately $9 million illegally obtained funds went through the exchange. ShapeShift’s CEO Erik Voorhees has issued a cutting rebuke of WSJ’s claims. The CEO emphasized that the authors’ claims were factually incorrect. Money Laundering Claims Voorhees further wrote that…

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Monero Mikrotik Madness: Carrier-Grade Cryptojacking Scheme

Category: Altcoins, Crime, Mining, News

Monero Mikrotik Madness: Carrier-Grade Cryptojacking Scheme

There are approximately 200,000 Mikrotik routers that are potentially vulnerable to the latest security breach devised by hackers to install and spread cryptojacking software that mines Monero (XMR). A team called Bad Packets has been monitoring the spread of the infections ever since the security vulnerability was first reported on August 2, 2018. The vulnerability exists within the management portion…

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