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Chainalysis Employee: Monero is Smartly Invented but Not Flawless

November 26, 2020 by Dalmas Ngetich at Altcoins

Ales Janda of Chainalysis--a blockchain analytic firm working with the United States Internal Revenue Service (IRS), in an interview on Nov 22, said he likes Monero since it is smartly designed. However, the network is not without flaws after working on a de-anonymizing project for over a year. Monero is Private Monero...

CipherTrace Files Patent for Monero (XMR) Transaction Tracking System

November 23, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

CipherTrace has filed two patent applications for its Monero transaction tracking system. The firm claims the solution is designed to bring more transparency to Monero and make it harder for bad actors to use the privacy-centric altcoin for their illicit deals, according to a blog post on November 20, 2020....

Monero (XMR) Developers Unveil Performance Enhancing ‘Oxygen Orion’ Update

Crowdfunding for Implementation of Bulletproofs+ in Monero in Progress

November 19, 2020 by Dalmas Ngetich at Altcoins

The Multidisciplinary Academic Grants in Cryptocurrencies (MAGIC), a 501(c) (3) nonprofit, is helping raise $5,125 to funds the development and implementation of Bulletproofs+ in Monero. The initiative is spearheaded by Dr. Sarang Noether of the Monero Research Lab (MRL). Its code will be compatible with future research like Triptych and...

Monero (XMR) Developers Unveil Performance Enhancing ‘Oxygen Orion’ Update

October 18, 2020 by Aisshwarya Tiwari at Altcoins

Privacy-centric cryptocurrency Monero (XMR) has gone live with a new version of its node software. Monero Goes-Live with ‘Oxygen Orion’ One of the most well-known privacy-centric digital currencies today, Monero recently officially unveiled a new version of its node software called ‘Oxygen Orion.’ Notably, the latest update to the node...

Monero (XMR) Malware Black-T Can Now Steal User Credentials

October 6, 2020 by Evan Ezquer at Altcoins

Unit 42 researchers have found a new modification of a cryptojacking malware named Black-T that mine privacy coin Monero (XMR). The report was published on October 5, 2020. The prohibited miner not only provides sensitive data back to hackers but even shuts down other mining malware on an infected device....

U.S. IRS is Offering $625,000 for Decoding Privacy-Centric Cryptocurrency Monero (XMR)

September 12, 2020 by Aisshwarya Tiwari at Altcoins

Monero (XMR) is proving to be a tough cookie to crack for the tax watchdog. U.S. IRS Wants to Crack Monero (XMR) Financial watchdogs across the world are famous for their strict stance toward cryptocurrencies. Further, when it comes to privacy-centric cryptocurrencies, things are even worse. This was evident from...

Report: Researchers Discover New Cryptojacking Malware for Mining Monero

Want to Help the Jailed? You Can now Mine Monero (XMR) to Pay Their Bails

June 9, 2020 by Shaurya Malwa at Altcoins

The ongoing political unrest in the U.S. is giving the masses a rather unfortunate reason to adopt cryptocurrencies. While some might move to use Bitcoin as a form of “protest,” a new software allows individuals to mine Monero (XMR) to pay bails for those jailed unnecessarily. XMR to the Rescue...

Monero (XMR) Nitrogen Nebula Update Brings Enhanced Privacy and Speed

May 25, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Monero (XMR), a privacy-centric altcoin that focuses on fungibility and decentralization, has officially launched version 0.16.0.0 of its software. Dubbed Nitrogen Nebula, the team says the latest Monero software release comes with Dandelion++ support and offers users an improved Bulletproofs verification speed, according to a blog post on May 23,...

HTC Is Bringing Power-Efficient Monero (XMR) Mining to Smartphones

April 10, 2020 by Aisshwarya Tiwari at Altcoins

Mobile phone manufacturer HTC is ready to bring cryptocurrency mining to smartphones as according to Forbes report, published on April 10, 2020, the company’s flagship blockchain smartphone – HTC Exodus – has partnered with Midas Labs to enable Monero (XMR) mining on phones. HTC Brings Crypto Mining to Smartphones Taiwan-based...

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...

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