Monero

Monero [XMR], the market’s leading privacy coin, has seen its fair share of ups and downs this year. The altcoin massively rallied during the initial few months of the year, hit its local 3-year high in May, and commenced its downfall right after that. At the time of writing, XMR’s state was quite congruent to the state of other altcoins struggling to shield themselves from broader market corrections. With Bitcoin prolonging its stay in the rangebound zone, looks like alts, especially… Source link

If you are looking for lightning-fast transactions, with complete anonymity – look no further than the popular privacy coin Monero. Just about any Joe Investor can buy Monero these days – however, it’s important to have a good broker of crypto exchange on your side for the smoothest experience possible. Today, we talk about every aspect of how to buy Monero in the UK. This includes the best two cryptocurrency platforms to facilitate your purchase, the key advantages of this crypto… Source link

At the end of 2020, darknet markets (DNM) set new records as marketplaces like White House and the Russian-language DNM Hydra led the pack. A report published on May 25, shows Hydra saw a 624% year-over-year growth rate in three years, and researchers estimate roughly 75% of illicit DNM transactions stem from the Russian marketplace. Moreover, the privacy coin monero is seeing a lot more vendor acceptance on DNMs these days. On June 29, monero captured 84%… Source link

Hackers Loot Around $2M Monero Using Crackonosh Malware Cybercriminals are targeting gamers with Crackonosh “mining malware” $2M worth of Monero lost resulting from Crackonosh mining malware Crackonosh malware aided the theft of the cryptocurrency Monero (XRM). In detail, the thieves stole $2 million worth of Monero. There were illegal Monero-mining malware accounts for more than 4% of the XMR in circulation. More so, it has created $57 million in profits for cybercriminals. As per… Source link

Breadcrumb Trail Links FP Finance Financial Times Cryptocurrency Promises to help make dirty money disappear without a trace Author of the article: Financial Times Hannah Murphy in San Francisco Publishing date: Jun 24, 2021  •  11 minutes ago  •  5 minute read  •  Join the conversation A pedestrian wearing a mask walks past a digital sign for Monero on Toronto’s Yonge Street. The digital currency is becoming popular with ransomware gangs because it… Source link

53 Studios | Getty Images For cybercriminals looking to launder illicit gains, bitcoin has long been the payment method of choice. But another cryptocurrency is coming to the fore, promising to help make dirty money disappear without a trace. While bitcoin leaves a visible trail of transactions on its underlying blockchain, the niche “privacy coin” monero was designed to obscure the sender and receiver, as well as the amount exchanged. As… Source link

For cybercriminals looking to launder illicit gains, bitcoin has long been the payment method of choice. But another cryptocurrency is coming to the fore, promising to help make dirty money disappear without a trace. While bitcoin leaves a visible trail of transactions on its underlying blockchain, the niche “privacy coin” monero was designed to obscure the sender and receiver, as well as the amount exchanged. As a result, it has become an increasingly sought-after tool… Source link

Is Monero worth the investment in the cryptocurrency market? Let’s find out  When an opportunity presents itself in the cryptocurrency market, you best take it. And that’s the case with Monero right now. Initially known as BitMonero, Monero was launched in 2014 as a split from Bytecoin that was launched in 2012. Monero prides itself on being secure, private, and decentralized. Unlike Bitcoin where transactions can be traced back to the concerned person, Monero uses advanced cryptography… Source link

Criminal use of the Monero cryptocurrency is expected to increase significantly in the future, Justin Ehrenhofer, a member of the coin’s development community has told Newsweek. The use of cryptocurrency in cybercrime has risen to prominence in recent weeks following the Colonial Pipeline hack in May, which forced pipeline officials to pay a Bitcoin ransom worth $4.4 million. The FBI later confirmed a criminal organization known as DarkSide was responsible for the attack. Last week, U.S…. Source link

Monero, the latest cryptocurrency, is claimed to have a great privacy feature that is not easily breached by any tracking tools. Aside from this, security experts claimed that it can allow the consumers as anonymous as they want to be.  (Photo : Photo by Jack Taylor/Getty Images)In this photo illustration of the ethereum, ripple and litecoin cryptocurrency ‘altcoins’ sit arranged for a photograph on April 25, 2018 in London, England. Cryptocurrency… Source link