Monero

Monero (XMR) is a currency that effectively covers the role of security champion for all those investors who feel this need is a priority; it is a peer-to-peer token designed to be untraceable. Transactions on the Monero protocol cannot be associated in any way with a specific real-world user since cryptocurrency is fungible. Each unit of computation is the same and can be replaced with any other unit of the token.  The Ring Confidential Transactions (RingCT) that was introduced 5 years… Source link

Privacy is something that every company values. Or do they? There have been numerous accounts of privacy leaks that result in you receiving advertisements from various companies. While this violates your privacy, some cryptocurrencies look to re-establish the trust between the user and the company. PrivaCrip (PRCR) and Monero (XMR) are two cryptocurrencies that assure your assets are kept private and secure. Monero is an established cryptocurrency that uses… Source link

In the cryptocurrency game, Monero is undoubtedly a big player. Whether it’s being traded, invested in, or even mined, there are plenty of reasons to get involved with this crypto. However, Monero is now being used for more illicit purposes, i.e. by cybercriminals. So, why is Monero becoming so popular among malicious actors? What Is Monero (XMR)? Image Credit: BeatingBetting.co.uk/Flickr Before we get into Monero’s use by cybercriminals, let’s run through a quick… Source link

Monero bulls are now facing strong resistance at the 0.382 Fibonacci level after delivering a riveting performance since mid-June. Its performance in the last seven days underscores a battle for dominance between Monero bulls and bears. Monero managed to rally by as much as 76% from the bottom of its latest bear run in June. Its upside encountered a strong sell wall near the $170 price level. This is a critical price zone for the cryptocurrency because it is right on the 0.382… Source link

Monero price has done relatively well in the past few days as investors cheer the recent network upgrade in a bid to make it faster and more secure. The XMR token rose to a high of $174, which was the highest it has been since June 10. It has risen by more than 70% from its lowest level this year, giving it a market cap of over $3 billion. XMR demand rising Monero is a leading cryptocurrency that focuses on the privacy of transactions. Its technology uses advanced encryption to ensure that all… Source link

Monero (XMR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Digital Money has declined 1.48% to $167.92. InvestorsObserver is giving Monero a 25 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero! Moderately Volatile InvestorsObserver gives Monero a moderate volatility rank of 25, placing it in the bottom 25% of cryptos on… Source link

Key Takeaways Monero has deployed a non-contentious hardfork to enhance privacy features. XMR saw its price increase by 6.5% following the network upgrade.  The token has yet to overcome resistance to trigger a bullish breakout.  Share this article Monero went through a network upgrade this weekend to boost its privacy and security features. Investors appear to have welcomed the news, as XMR saw a 6.5% price increase over the past few hours. Monero Enhances Privacy Features Popular… Source link

Monero price soared to the highest point since June 11 of this year as investors cheered the latest network  The XMR token rose to a high of $173, which was about 78% above its lowest level this month, giving it a market cap of over $3.1 billion. Why is XMR rising? Monero is the biggest privacy-oriented token in the world. It is a leading cryptocurrency that uses advanced technology to ensure that transactions in the network cannot be tracked. As a result, Monero is widely used in the… Source link

Monero [XMR], one of the most renowned privacy coins, underwent a successful hard fork on block 2,688,888, this Sunday (14 August). The upgrade incorporated significant changes to make the network more secure and private. But the question is- Did XMR see any interesting happenings on-chain or on its price action? Upgraded life  The team behind the aforementioned protocol shared this development about the hard fork on 14 August. It brought several fixes to the internal… Source link

Monero, the privacy-oriented decentralized cryptocurrency project, underwent a planned hard fork event on Saturday, introducing new features to boost its privacy and security. The network upgrade was delayed from July 13, when it was first planned for release, due to multi-sig security fixes, critical security patches, and more time needed to resolve hardware wallet incompatibility issues. Completed at block 2,688,888, the hard fork now features a larger ring size (from 11 to 16), an… Source link