Monero

The Monero (XMR) crypto has gained traction after its developers confirmed in a GitHub post that the protocol would undergo a tentative hard fork in July to improve its network security and fee charges. They also added that a testnet deployment could be expected in May. But before getting into its recent developments, let’s find out about the Monero crypto first. Also Read: Is Dogger Token (DOGGER) the next mover-and-shaker in social media? What is Monero (XMR) crypto? Monero, launched in… Source link

According to a recent update on Monero’s Github repository, the privacy-centric crypto network plans to hard fork in July, at block height 2,668,888. Monero is the largest privacy crypto asset in terms of market capitalization and during the last seven days, monero climbed 13.4% against the U.S. dollar. Monero Aims to Upgrade in July The development team behind the Monero (XMR) project has plans to upgrade the blockchain at some point in July, according to the Github-hosted version… Source link

The Monero jumped to the highest level in five months as demand for privacy tokens like Zcash and Decred soared. The XMR token rose to a high of $265, which was the highest level since November. It has risen by about 100% from its lowest level this year. As a result, its total market cap has jumped to over $4.8 billion. Monerun continues The main reason why the Monero price has jumped is because of an unofficial event known as Monerun. This is an ongoing event where most holders are attempting… Source link

Bitcoin has breached critical price support, hitting new lows as the U.S. tax season ends, Coindesk reported Monday (April 18). The biggest cryptocurrency by market value fell to $38,577 during the Asian hours, falling below its support level of $40,000. That level was last seen on March 15. The weakness seems to come from the tax season, with the related selling, as well as a hazy macro environment. The deadline to submit 2021 taxes was Monday (April 18). Meanwhile, a new kind of… Source link

While crypto regulation continues to heat up, the spotlight is starting to shine more on players like Monero (XMR-USD). The Monero network provides one of the industry’s largest and most popular privacy coins. As a result of this offering, the XMR crypto has fallen under scrutiny by more wary crypto regulators and bears. At the same time, though, Monero fans harbor similar feelings toward the centralized bodies driving crypto legislation and broader adoption. Today, we see this… Source link

InvestorsObserver analysis gives Monero an average risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver is… Source link

Some Monero aficionados are organizing an XMR “bank run”, which they dubbed as Monerun. This is their reaction to what they perceive as a lack of transparency around Monero, including claims that central exchanges are halting XMR withdrawals and misrepresenting reserves. The activity demonstrates that the Monero community are fed up with centralized exchanges. Planned activity The move was detailed through a plan which was first posted on Reddit on Thursday by a user named… Source link

Image: Ulrich Baumgarten/Contributor Community members for privacy-focused cryptocurrency Monero are planning to simultaneously withdraw their holdings from a series of exchanges in an effort to prove that the exchanges are selling Monero that they don’t actually possess. The self-described “Monerun”—as in bank run—is planned for Monday 18 April, which is also Monero’s 8th birthday.  “April 18th. We’re withdrawing XMR from exchanges. Any exchange that hasn’t disabled withdraws… Source link

Source: Adobe/alswart   The Monero (XMR) community scheduled the v15 network upgrade for mid-July after reaching a consensus — an upgrade that will not include the “Monero 2.0” hard forks. Meanwhile, some project supporters are trying to orchestrate “The Monerun.” “Monero is set to hard fork on July 16th 2022 at block 26688881, after the community has reached consensus in today’s Monero Development Workgroup meeting,” Monero… Source link

A group of Monero enthusiasts, apparently fed up with centralized exchanges, has said on social media that it’s planning an XMR “bank run” on April 18. The so-called Monerun, on the eighth anniversary of the coin’s launch, is a reaction to what community members see as a lack of transparency over Monero, including allegations that central exchanges are suspending XMR withdrawals and misrepresenting reserves. “Looking more and more like exchanges are paper trading #Monero and lying… Source link