Major update in Monero (XMR) ok: What has changed?

Privacy-focused crypto currency Monero (XMR) has completed an important update today. Transaction sizes have been reduced significantly, while transaction times have also been reduced. Privacy-focused cryptocurrency project Monero left behind an important update today. With this update, a number of major changes have been implemented in Monero. It can now be said that Monero has better scalability and performance. CLSAG signatures started to be used instead of MLSAG signatures previously… Source link

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Bitcoin Surpasses $11,000; China’s Currency Insurgency

Get Forbes’ top crypto and blockchain stories delivered to your inbox every week for the latest news on bitcoin, other major cryptocurrencies and enterprise blockchain adoption. getty THREE MAJOR CORPORATES BUYING CRYPTO IS A TREND Forbes broke the story that $10 billion Stone Ridge Asset Manager purchased $100 million worth of bitcoin to make it the firm’s “primary treasury reserve asset.” This announcement follows recent news from MicroStrategy ($425… Source link

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Monero-mining botnet Lemon Duck records spike in activity

Cybersecurity researchers are warning of a recent spike in activity of a stealthy digital currency mining botnet. Known as Lemon Duck, it targets Windows users and spreads by sending rich text format (RTF) files via email. Lemon Duck has been around since December 2018. However, researchers at Cisco-owned Talos Intelligence Group have noticed a sharp rise in DNS requests connected with its command-and-control (C2) servers since the end of August. In a blog post, the researchers revealed… Source link

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A Former Goldman Sachs Hedge Fund Chief Has Predicted Bitcoin Is About To Surge To $1 Million—Here’s Why

Bitcoin has found fresh support this year, bolstered by growing disquiet among investors over central bank and government stimulus measures. The bitcoin price, up around 50% since January to $11,400 per bitcoin, has rallied in line with equity markets since a coronavirus-induced crash in March. Now, after the bitcoin and cryptocurrency community was set alight by a bold $1 trillion prediction from a major Tesla TSLA investor last month, a former Goldman Sachs GS hedge… Source link

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Seller shortage? Bitcoin exchange reserves plunge as BitMEX bleeds BTC

Bitcoin (BTC) exchange reserves are continuously plummeting as analysts pinpoint the trend to a shortage of sellers. Since the March crash, the reserves on exchanges rapidly fell from 2,950,000 BTC to 2,700,000 BTC. Within merely seven months, a 250,000 BTC fall in exchange reserves signifies a $2.85 billion decline. Behind the steep trend could be two major factors: a decline in sellers and lower trust toward exchanges. Bitcoin reserves on exchanges. Source: Glassnode Is the number of Bitcoin… Source link

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Monero (XMR) price corrects from the highs, approaches buy zone

Europol’s latest report names Monero as one of the most used cryptocurrencies on the Darkweb Earlier this week, the privacy-focused currency logged the highest levels since September 2018 A deeper correction could push XMR towards $108, which should be seen as a buying opportunity Monero (XMR) price is trading nearly 5% lower this week after an impressive rally that resulted in a new 2-year high. The digital asset focused on privacy has also found itself in the Europol’s… Source link

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Monero (XMR) price corrects from the highs, approaches buy zone

Europol’s latest report names Monero as one of the most used cryptocurrencies on the Darkweb Earlier this week, the privacy-focused currency logged the highest levels since September 2018 A deeper correction could push XMR towards $108, which should be seen as a buying opportunity Monero (XMR) price is trading nearly 5% lower this week after an impressive rally that resulted in a new 2-year high. The digital asset focused on privacy has also found itself in the Europol’s… Source link

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Sharp Bitcoin price move brewing as BTC volatility falls to a 16-month low

Bitcoin (BTC) options aggregate open interest has increased to $2 billion, which is 13% below the all-time high. Although the open interest is still heavily concentrated on Deribit exchange, the Chicago Mercantile Exchange (CME) has also reached $300 million. In simple terms, options derivatives contracts allow investors to buy protection, either from the upside (call options) or downside (put options). Even though there are some more complex strategies, the mere existence of liquid options… Source link

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Will the dollar’s weakness result in Bitcoin finally breaking $12,000?

Historically, a weaker United States Dollar leads to strength across other “safe haven” assets. By analyzing the correlation, such momentum and conclusion can also be drawn with Bitcoin (BTC) and the USD. Bitcoin has gained in 2020 as the U.S. Dollar Currency Index (DXY) has been having a tough year. But will this momentum continue in the coming months? Let’s take a closer look at the charts. Bitcoin has to hold the $11,000 support level to avoid a CME gap test at $9,600 BTC/USD 1-day… Source link

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Bitcoin’s Creator vs. Bezos: Satoshi Nakamoto’s Uphill Climb to Surpass the Amazon Founder’s Net Worth

Jeff Bezos is the world’s richest man, but someday if bitcoin crosses a certain valuation then Satoshi Nakamoto will be the wealthiest if he/she or they are still alive. Today, Satoshi Nakamoto, is the 157th richest person worldwide, and the crypto asset will have to cross six digits in order to surpass the Amazon founder’s net worth. In 2020, the founder of Amazon has a whopping 175 billion and he’s currently the… Source link

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