A software engineer has identified a flaw in the Decoy XMR algorithm with some privacy concerns. According to recent Monday tweets, developers of the Monero (XMR) privacy coin identified a flaw that affects transaction privacy. The official Monero Twitter account cautioned users that the Decoy mechanism is “a very substantial flaw.” The software engineer Justin Berman initially spotted the problem when he observed that if a user uses their XMR tokens within 20 minutes (2 blocks)… Source link

Litecoin price triggers a falling wedge pattern, leading to a 33% gain over nine consecutive up days. LTC now illustrates a double bottom pattern, but heavy resistance may prevent a successful breakout. 2019 high of $146.00 resurfaces, raising doubts of the rally sustainability, despite impulsive rebound. Litecoin price confirms breakout from the governing falling wedge pattern on July 25, marking a turning point for the altcoin and introducing new technical… Source link

Software developer Justin Berman is investigating a privacy issue with the cryptocurrency Monero (XMR), exposing a bug. The Monero development team confirms that the bug, which could compromise privacy by revealing the target destination of transferred funds, lies in the cryptocurrency’s “decoy selection algorithm.” “A rather significant bug has been spotted in Monero’s decoy selection algorithm that may impact your transaction’s privacy.”   According to the… Source link

LOS ANGELES–(BUSINESS WIRE)–Newegg Commerce, Inc. (NASDAQ: NEGG) (“Newegg” or “Company”), a leading tech-focused e-retailer in North America with a global customer base, announces that it is expected to become the first merchant to accept Litecoin (LTC) cryptocurrency as a payment method on the BitPay platform starting this week. Customers shopping on Newegg.com will have the option of paying with Litecoin using the BitPay Wallet app. “Newegg has always been able to… Source link

ATLANTA–(BUSINESS WIRE)–BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced support for Litecoin in the BitPay Wallet app. Consumers can buy, store and swap crypto in addition to buying gift cards safely and securely. Starting this week, businesses using BitPay are expected to be able to accept Litecoin as a payment method from any wallet. Newegg.com will become the first merchant to accept Litecoin through BitPay just as it was… Source link

Ethereum’s native asset Ether (ETH) faces prospects of closing above $14,000 sometime in 2021 based on its current trend’s striking similarity with the one from last year. Ether price fractal First spotted by user TradingShot, the Ethereum fractal involves three technical indicators: a 50-day simple moving average (50-day SMA), a Fibonacci channel, and a relative strength index (RSI). Ether closed above its 50-day SMA in July 2021, the first time since the May 2021 bearish correction. As… Source link

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Ethereum Ethereum rose by 0.01% on Wednesday. Following a 3.23% gain from Tuesday, Ethereum ended the day at $2,300.42. A mixed start to the day saw Ethereum fall to a mid-morning intraday low $2,245.10 before making a move. Steering clear of the first major support level at $2,195, Ethereum rallied to a late morning intraday high $2,347.88. Falling short of the first major resistance level at $2,364, however, Ethereum briefly fell back to sub-$2,300 and into the red. A late move back through to… Source link

Market capitalization of Monero increased, however, despite the rise in prices, MATIC and Binance Coin’s market capitalization witnessed a fall. XMR’s price showed chances of low volatility, while MATIC recorded a 47.2% weekly gain and lastly, Binance Coin could be headed towards a possible price breakout.  Monero XMR/USD, TradingView Monero’s price action was halted after yesterday’s plunge in prices, however, over the last 24 hours XMR rose by 2.5%. At press time, the coin was… Source link

Bitcoin buyers are in profit-taking mode as the cryptocurrency tests the $40,000 resistance level. Sentiment has significantly improved over the past week, although some analysts think it’s time for a pause before another leg higher. “BTC easily broke through $35K, but I think it will probably have a harder time going through $40K this time,” Justin Chuh, a senior trader at Wave Financial, wrote in an email to CoinDesk. “Miners & sellers are coming in to cash out once more and buyers… Source link