monero

3 Cryptocurrencies to Invest in 2020

Cryptocurrency is still seen as a good investment in 2020. But investing in a cryptocurrency is not an easy task. Due to their volatile nature and the high risk involved in them, people hesitate to invest in them. Where mining Bitcoin is still one of the most viable investments, it is not the only option...
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Will 2020 Become The Year of Privacy Crypto Coins? So Far It Is

While most people consider every cryptocurrency transaction anonymous, that’s not the case. Bitcoin, for example, has all transactions recorded on a public ledger, which can be easily accessed. In theory and practice, it’s entirely possible to associate a Bitcoin address with an individual, especially if he has ever used a cryptocurrency exchange, which requires identity...
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XMR Price Analysis: Roaring Bulls Gets Monero In Top 10

Monero Crypto, the king of Privacy has a great start in 2020. Ever Since Europol Analyst confirmed that Monero is indeed untraceable, the XMR price is surging. Monero price has seen a 20% surge last week. Moreover, Coinmarketcap data shows that Monero has overcome Stellar to make its position as 10th crypto as per market...
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Privacy Features Send Monero (XMR) Price Skyrocketing 10% Higher in New Year

Investors are celebrating Monero’s privacy features after a Europol analyst confirmed that transactions avoid detection. | Credit: AlekseyIvanov/Shutterstock.com Whether people admit it or not, the privacy feature is one of the biggest draws to cryptocurrencies.  If there was ever any doubt, those have been erased by Monero’s (XMR) rally in recent days. In the early days...
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Europol Announcement: Monero Transactions Cannot Be Traced

Zcoin, the privacy-focused cryptocurrency has just launched a new crowdfunding system that is similar to the one Monero has as we are about to see more in the altcoin news today.In their official blog post, Zcoin announced the new Zcoin Crowdfunding System which is a new platform that will serve as a shift from direct...
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Europol: Monero Payments Cannot be Traced

When Monero (XMR) users choose to veil their transactions, they cannot be traced between the sender and receiver. This finding by an Europol official contradicts previous discoveries that XMR transactions can reveal some of the identities of users. Blockchain Analysis Impossible for Monero Network At least when it comes to the authorities, transactions on the...
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Monero Indeed is Invisible, Confirms Europol – Boon or Bane?

Monero has a reputation for being completely decentralized. That means no outside observer can tell the source, amount or destination of Monero transactions. Although there were many instances that claimed XMR coin is untraceable, no profound evidence was found. However, Europol officials have confirmed that Monero transaction indeed is invisible. In a recent turn of...
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Europol Official Confirms Monero Transactions Can’t be Traced

Privacy coins have come under a lot of scrutiny in recent months. Europol is keeping a close eye on these developments, albeit Monero remains impossible to trace or analyze.  Government officials dislike bitcoin, but they see privacy coins as even bigger threats. Monero Causes Headaches for Europol Particularly currencies which put anonymity first tend to...
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ZCoin Launches New Crowdfunding System Similar To Monero

Zcoin, the privacy-focused cryptocurrency has just launched a new crowdfunding system that is similar to the one Monero has as we are about to see more in the altcoin news today. In their official blog post, Zcoin announced the new Zcoin Crowdfunding System which is a new platform that will serve as a shift from...
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Taylor Swift Photo Hides Malicious Crypto-Mining Code

Concealed crypto mining – using infected computers to produce hashes for specific types of coins – is using more ingenious methods to hide from operating systems. The latest exploit involves an infected image of Taylor Swift. Sophos Labs Discovers Botnet in Taylor Swift JPEG Analysis by Sophos Labs, a digital security firm, shows hackers are...
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Lead Maintainer At Monero Steps Down To Focus Tari Project

The Monero compliance workshop explained that the XMR network will not fall under the guidelines by the US Financial Crimes and Enforcement Network (FinCEN) guidelines regarding the Funds travel rule as we are reading further in the Monero news today.According to the blog post, the Funds Travel Rule requires the financial institutions who are sending...
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Fluffypony Steps Down as Monero Lead Maintainer, but Very Little Will Change

When a lead developer of a cryptocurrency project steps down, there is often some confusion. In the case of Monero and Fluffypony, there is very little to be concerned about.  In a recent post the Monero Core Team made a crucial announcement. Small Big Changes for Monero It explains how Fluffypony will no longer be...
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Monero’s Lead Maintainer Steps Aside to Focus on Tari

Riccardo Spagni aka Fluffypony stepped down as the lead maintainer of the Monero project. Multiple reasons went into this decision, including centralization concerns from being the lead figure for the project. The Monero Core team made an announcement on Monday delineating several role changes within the project. Previously, Spagni was the lead repository maintainer,  approving...
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Crypto-Demanding Cybercriminals Ramp Up Ransomware Threat With Data Exposure

Cybercrime is growing at an exponential rate, and showing zero signs of slowing down or stopping in the near future. As technology advances, so do the tactics used by these criminals, especially surrounding crypto.The post appeared first on NewsBTC
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Monero Compliance Workshop: XMR Not A Subject To Funds Travel Rule

The Monero compliance workshop explained that the XMR network will not fall under the guidelines by the US Financial Crimes and Enforcement Network (FinCEN) guidelines regarding the Funds travel rule as we are reading further in the Monero news today. According to the blog post, the Funds Travel Rule requires the financial institutions who are...
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Monero Rejects FinCEN Identification Guidelines

Monero Compliance Workgroup published a statement suggesting that “The Funds Travel Rule” does not apply to XMR itself. Such a scenario limits scrutiny of Monero and preserves its privacy-enabling properties. Monero published its stance on regulations that require money services businesses (MSB) to trace user identities. The U.S. Financial Crimes and Enforcement Network (FinCEN) published...
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Beam, BCH and Zcash Will Join BTC in Halving Their Mining Rewards

There’s been a lot of noise about Bitcoin’s halving, set to occur in May, and the effect this will have on price as BTC’s mining reward is slashed. It’s not the only PoW coin gearing up for a major reduction in its emission rate next year, with Bitcoin Cash, Beam, and Zcash all set to...
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Monero Price Analysis for December, 6th – XMR Became Less Volatile

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex After visible fluctuations in the middle of this week, Monero exchange rate reached stability by Friday close to 54.13 USD. From the technical point of view, on H4 Monero is moving inside the descending channel, thus continuing the formation of descending tendency. At the same time, one should...
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Monero Upgrade Leads To GPU And ASIC Mining Retirement

The latest Monero Upgrade has finally decided to get rid of GPU and ASIC mining, after the successful implementation of the scheduled event on November 30 as we reported in our XMR news. The new RandomX mining algorithm was introduced to get rid of the ASIC machines and to improve the efficiency of CPUs in...
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Monero Penalizes GPU and ASIC Mining with RandomX Upgrade

The Monero network successfully conducted a scheduled upgrade on Nov. 30. Among other features, the RandomX mining algorithm was introduced to cripple ASIC machines and improve the efficiency of CPUs. Specialized mining hardware has always been a hotly debated theme. Critics argue that they have a centralizing effect, as few companies in the world are...
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Monero Price Analysis: No Significant Change in XMR Since Hard Fork

Monero, the privacy-oriented coin, went through a hard fork on November 30. A new proof-of-work (PoW) was added by this Monero hard fork. The PoW RandomX uses random code execution along with memory-hard techniques to be ASIC-resistant. the crypto community had its eyes set on this hard fork, anticipating some major price hike in Monero...
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Monero Developers Complete the RandomX Upgrade

The Monero developers have successfully completed another network upgrade. This particular update is of keen interest, as it effectively introduces RandomX as a new algorithm. Some crypto enthusiasts may recall how the Monero community was funding a new project. Monero Keeps Forging Ahead The money would be used to have an independent of the RandomX...
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Monero Posts Double-Digit Gains After A Strong Bullish Reversal From $45

New features have been added as Monero announces the CLI v0.15.0.0 release named ‘Carbon Chamaeleon’ while approaching a new hard fork. The new upgrade was carried out this Saturday, revealed on the official Monero Reddit page.The CLI v0.15.0.0 named Carbon Chamaeleon has been officially released. As for the release itself, anyone can run it and...
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Ripple and Stellar Lead List of Worst Performing Crypto Assets Year To Date

Altcoins like Ripple, Stellar, Tron, and Cardano are all among the worst-performing major crypto assets year-to-date, during a year when the rest of the crypto market including Bitcoin made up for lost ground.2019 Year-to-Date Altcoin Performance Is DisappointingAltcoins, in many cases, are still down as much as 99% from their all-time high prices. Even a...
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Monero Price Analysis: Will Upcoming Hardfork Surge XMR Price?

Thanksgiving week has been eventful for the crypto market. The market saw highs and lows for many cryptos. As of now, most of the cryptos are in the green region with different price hike rates. Monero, at the 13th position, is one such coin. With a 7% increase, as of writing, Monero has shown considerable...
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BitBay Exchange Scraps Monero Trading to Avoid Money Laundering

BitBay Exchange will no longer support Monero from February 2020. The exchange has made this decision to block the possibility of money laundering and inflow from external networks. Monero has already been delisted from many of the other crypto exchanges like OKEx Korea.  The deposits of XMR will be stopped by 29/11/2019 on BitBay exchange....
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Crypto Market Tumbles: Bitcoin, Ethereum, XRP & EOS Price Analysis 22nd Nov

Bitcoin price declined more than $1K in the past few days and settled below the $8,080 support area. BTC/USD might correct higher, but it is likely to face hurdles near $8,080 and $8,200. Likewise, most major altcoins, including Ethereum (ETH), ripple (XRP), bitcoin cash (BCH), litecoin (LTC), binance coin (BNB), stellar (XLM), ADA, EOS, and...
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Monero’s Embarrassing Website Hack: What You Need to Know

A user discovered an anomaly Monday in command line interface binaries downloaded from Monero’s website. The Monero community quickly discovered malicious code. One user reported $7,000 missing from their wallet. Users can take steps to verify code before running it, and additional security measures to secure their crypto. GetMonero.org, the official website of the privacy-focused...
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Crypto Market Update: Bitcoin, Ethereum, XRP & Litecoin Price Analysis 15th Nov

Bitcoin price is following a bearish path below the $9,000 area. BTC/USD is now approaching the next key break and it could either rally above $9,000 or decline heavily towards $8,000. Similarly, there was a steady decline in most major altcoins, including Ethereum (ETH), ripple (XRP), bitcoin cash (BCH), litecoin (LTC), binance coin (BNB), stellar...
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NEO, BCH, and XMR Price Prediction and Analysis: Today the Crypto Market Is Recording Some Recovery

Neo Price Analysis (NEO/USD) NEO/USD pair has today shown a massive upsurge as it maintains its price range above $10.000. Also, the bullish action is likely to increase the investor’s sentiments due to an increase in buying pressure. NEO/USD pair began the session trading at $10.626 that later fluctuated upside to rally at a high...
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