Monthly Archives: August 2020

Ciphertrace Allegedly Builds Monero-Tracing Tools, XMR Proponents Disagree

The blockchain surveillance firm Ciphertrace claims to have created the “world’s first” monero tracing tools for law enforcement. According to the company announcement, Ciphertrace developed forensic tools for the U.S. Department of Homeland Security (DHS) in order to track illicit monero transactions. Despite the firm’s claims, there is zero evidence provided that prove the company actually has such tools. Since the open-source cryptocurrency was first invoked in 2014, the Monero ( Source link

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A Radical New Crypto Just Blew Past The Bitcoin Price All-Time High—Up A Shocking 3,500% In Just One Month

Bitcoin and cryptocurrency markets have been dominated by decentralized finance, often shortened to DiFi, over recent months. The bitcoin price, up around 40% since the beginning of 2020, has been left in the dust by the gains made some DeFi project tokens—including yearn.finance (YFI) that’s up a staggering 3,500% in just a little over a month and has surged past bitcoin’s late-2017 $20,000 all-time high. MORE FROM FORBESGrayscale, The World’s Largest Bitcoin And Crypto Asset Manager,… Source link

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Bitcoin, Ethereum & Litecoin – American Wrap: 8/24/2020

Bitcoin Price Prediction: BTC Bulls Claw Background, $12,000 Within A Striking Distance Bitcoin (BTC) bottomed at $11,370 on August 22 and resumed the recovery towards $12,000. At the time of writing, the first digital asset is changing hands at $11,800, having gained nearly 2% on a day-to-day basis. While the critical resistance remains unbroken, the upside momentum may gain traction later during the day as the coin is moving within the strong bullish trend amid… Source link

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Investing in Monero (XMR) – Everything You Need to Know

Monero (XMR) was one of the first privacy coins in the world. This unique cryptocurrency pioneered multiple technologies to accomplish this critical task. Today, privacy is more important than ever. Consequently, Monero is also one of the most popular cryptocurrencies on the planet. What is Monero? Monero is the cryptomarket’s answer to Bitcoin‘s lack of privacy. For a long time, people believed that Bitcoin transactions were anonymous. Nowadays, most people understand that this is not the… Source link

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Announcing the Launch of Litecoin Proof-of-Stake

London, UK, Aug. 19, 2020 (GLOBE NEWSWIRE) — If you think crypto cannot meet the mass adoption goal as it was intended to be, then you may want to have a rethink as a new horizon for crypto payments is here. With great excitement and a bold outlook into the future, we are proud to announce the launch of the Litecoin Proof-of-Stake (PoS) network. Litecoin PoS is a radical attempt at replacing a good but rather flawed system with a proven and workable alternative. Born out of in-depth… Source link

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Litecoin Gets Bullish Speculation, at Last, as Upgrade Approaches

The cryptocurrency litecoin is often referred to as the silver to bitcoin’s gold. This year, litecoin investors might have been better off staying in the analog world: While bitcoin has gained twice as much as gold, litecoin has barely kept up with silver. Some investors now foresee a rally developing in litecoin prices, with a key upgrade looming and signs that activity is increasing on the blockchain network. The upgrade will put in effect a “privacy protocol” known as Mimblewimble,… Source link

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