Tagmonero

Monero Forks: Bulletproofs Integration Kicks off New Era of Privacy, Speed

monero hard fork xmr

Monero (XMR) forked successfully earlier today, and the network has seen no major hiccups so far. This release is unlike the usual ones that try to keep up with deterring ASIC miners. The release, called "Monero 0.13.0 "Beryllium Bullet," includes a significant overhaul of the network's protocol through the introduction of bulletproofs. Bulletproofs Explained The improved protocol allows for...

Monero Developer's New Startup is Launching a Free Blockchain University

monero mining malware

South African blockchain startup Tari Labs has unveiled a free online university that makes training accessible to local and international blockchain developers. Tari was developed and launched earlier this year by local blockchain expert and Monero promoter Riccardo Spagni alongside American investors, Naiveen Jain and Dan Teree. Reasoning Behind New Project Tari particularly aims to readdress...

Monero Launches Initiative to Combat Cryptocurrency Mining Malware

monero mining malware

Earlier this week, the Monero (XMR) community announced the launch of a new website that aims to educate users on cleaning up crypto-jacking malware and ransomware. Easing Malware Victims' Confusion and Frustration The ease of mining and privacy of Monero are standout features for the coin. However, the features attract bad actors who use the coin in malware. Justin Ehrenhofer, the director of...

Cryptocurrency Exchanges Have Been Used to Launder $88 Million Since 2016: WSJ

money laundering cryptocurrency exchanges

Over 46 cryptocurrency exchanges around the globe assisted criminals in laundering more than $88 million over the past two years, a Wall Street Journal report alleges. Money Laundering Pervasive in Crypto Trading Industry: Report The Journal's investigation traced funds from over 2,500 wallets that courts flagged for their involvement in criminal activities. The paper partnered with London-based...

Monero Devs Patch Bug Allowing Attackers to 'Burn' Cryptocurrency Exchange Deposits

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The developers of privacy-centric cryptocurrency monero have patched a bug that would have allowed an attacker to cause significant damage to cryptocurrency exchanges and XMR-friendly merchants. Now-Patched Monero Bug Put Cryptocurrency Exchanges, Merchants at Risk Addressed through a software patch privately distributed to exchanges and merchant and later publicly disclosed through a post-mortem...

Cryptojacking is up 459% in 2018, and it's the NSA's Fault

NSA bitcoin cryptojacking

A report from the Cyber Threat Alliance (CTA) indicates a massive 459% increase in the rate of illegal cryptojacking, through which hackers hijack computer processing power to mine cryptocurrencies like bitcoin and monero. As CCN recently reported, the Indian government was recently targeted in a cyberattack which hijacked processing power from government website servers to mine cryptocurrency...

Crypto Bloodbath: Bitcoin and Ethereum Record Losses in $10 Billion Wipeout

Ethereum

Over the past 24 hours, the crypto market has experienced a large sell off as Bitcoin demonstrated a 3 percent drop in price, leading the market to drop $10 billion. Ethereum and EOS recorded the largest drop amongst major cryptocurrencies at 9 percent, while Bitcoin Cash, Litecoin, Monero, Cardano, and Dash demonstrated steep 7 percent losses. What Caused the Steep Decline? On September 16, CCN...

Monero Headed to $18k, Ripple Price Primed for 97% Crash: Research

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Anonymity-centric cryptocurrency monero may be the best buy in crypto right now, and bitcoin’s not far behind. The ripple price (XRP), on the other hand, could be primed for a historic crash. Bitcoin, Monero Have Bright Futures That’s according to a new report from initial coin offering advisory and research firm Satis Group, which attempts to forecast what shape the cryptocurrency market will...

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