Monero

Bitcoin and cryptocurrency use has piqued the interest of law enforcement and government agencies around the world this year, according to influential blockchain analysis firm Chainalysis. The New York-based company has reported recurring revenue year-on-year for its 2020 third quarter has doubled, mostly driven by “increased demand for investigative blockchain technology from public sector agencies” looking to crack down on illicit use of bitcoin and crypto. That government interest… Source link

The DOJ published a report on the risks related to end-to-end encryption. The community does not buy the arguments provided in the report. Monero and ZCash experienced a strong rally during the weekend and may be vulnerable to the correction. The privacy-oriented coins Monero (XMR) and ZCash (ZEC) experienced a strong rally during the weekend. They continued gaining ground on Monday as the market is discussing their hack-proof encryption. At the time of writing,… Source link

Monero and Maker could be set for a minor pullback on the charts, before resuming their previous uptrend. Cosmos might break to the upside and post healthy gains, although a few more trading sessions would make Cosmos’ scenario clearer. Monero [XMR] source: XMR/USD on TradingView XMR was forming higher highs, while the momentum indicator (RSI) made lower highs. A rising wedge pattern (white) was also being formed, while the trading volume was also trending lower (orange). Taken individually, a… Source link

LOS ANGELES, Oct. 7, 2020 /PRNewswire/ — Townforge is a new world-building multiplayer online game, with the ability to mine cryptocurrency, now available for download and use on a testing-only blockchain. Townforge uses a source code fork of the private cryptocurrency Monero to create a new cryptocurrency called Townforge Gold that can be spent inside and outside the game. Game activity is stored on the Townforge blockchain—not private servers—giving the game a life of its own and… Source link

Monero Price Analysis: Cryptojackers Play A Dirty Trick On XMR As Bulls Hit The Brick Wall The researchers from Unit 42, the global threat intelligence team at Palo Alto Networks, discovered a new version of cryptojacking malware for named Black-T. The virus is created by a group known as TeamTnT specializing in stealing Amazon credentials and mining Monero (XMR) on the infected device. EOS Price Analysis: EOS Explodes 19%, Goldman Sachs Veteran To Lead The Advisory Board EOS is… Source link

New malware can secretly mine Monero and steal sensitive data from victims’ devices. The technical picture implies that XMR bulls hit the brick wall. The researchers from Unit 42, the global threat intelligence team at Palo Alto Networks, discovered a new version of cryptojacking malware for named Black-T. The virus is created by a group known as TeamTnT specializing in stealing Amazon credentials and mining Monero (XMR) on the infected device. The new… Source link

The price of Monero (XMR) is trading above $100 at the beginning of October and the technical picture implies that the price may advance again above $110. Fundamental analysis: Chainalysis won the contract to break Monero security Investors in Monero should have in mind that this is a still very risky cryptocurrency but now could be a good time to trade Monero (XMR). The transaction volumes of this cryptocurrency are expected to increase and once this happens, the price of Monero will be at… Source link

Crypto intelligence firm Chainalysis and data forensics company Integra Fec have won a combined $1.25 million contract to provide tools that break the privacy-focused coin, monero, for the U.S. Internal Revenue Service (IRS). Floated early September, the one-year contract specifically covers transactions involving monero (XMR) and second-layer payment solutions such as bitcoin’s lightning network (LN) – features considered by the IRS as conduits for criminal financial activity. Privacy… Source link

In brief: Monero (XMR) more than doubled in value in Q3, 2020 The Monero Oxygen Orion Network upgrade is scheduled for Oct. 17th XMR seems set to retest the $120 resistance area in the days to follow and due to the pending upgrade As the crypto-community was busy with DeFi on the Ethereum network and the market analysis of Bitcoin, the digital asset of Monero (XMR) has gained substantial value in the past three months. At the beginning of the third quarter of this year, Monero (XMR) was valued… Source link

IRS has granted Integra FEC LLC and Chainalysis contracts worth more than $1.2 million in total to crack Monero.  The first advance of the project has to be delivered within 8 months, according to the contract. Chainalysis and Integra FEC LLC have been selected by the U.S. federal government’s Internal Revenue Service (IRS) to track Monero (XMR) transactions. A few days ago, the federal agency offered a $625,000 contract for companies to submit proposals for the development of a tool to… Source link