Since the start of April 2019 when Bitcoin rallied over $1,000 in a matter of a few minutes, the first ever crypto asset has taken the market by storm, capturing the attention of all crypto traders, investors, and analysts – but at the expense of the altcoin market. While hope for an “alt season” has…
Monero (XMR) is down 7.6 percent week-to-date The privacy-centric network prone to developer centralization In their quest for complete decentralization, Monero, as a blockchain network, has suffered massive drops in hash rate. That follow several upgrades with the sole objective sidelining ASIC miners. Even so, with this, the system is more reliant on its developers,…
Monero (XMR) spikes 25.3 percent RandomX under audit In Monero, decentralization is vital. As a result, the next enhancement of its mining algorithm, via RandomX, is a step in the right direction. Eventually, the hash rate will pick up as more ordinary miners flow back. In turn, their participation will fortify the network, instilling confidence,…
Crypto markets are back in the green; Bitcoin leading them, Monero, Tezos and BAT top performers. Crypto markets are back in the green following a day that looked like a bigger dump was about to unfold. Markets had the jitters following the Binance BSV bashing but they quickly recovered and $5 billion or so has…
Crypto markets consolidating at the weekend; Minimal movement but Monero leading the way. Crypto markets are still holding up as we enter the weekend. Gains made in Tuesday’s epic pump have held and total market capitalization remains above $175 billion as the majority of crypto assets are in the green again today. Bitcoin has remained…
Monero price up 27 percent after closing above $60 Tokenomy Exchange now support Monero (CMR) Two weeks after the Boron Butterfly update, Monero (XMR) is surging, up 27 percent and trending within a bullish breakout pattern. With the upgrade, the network is secure after patching Big Bang and decentralized thanks to ASIC resistance. Monero Price…
In a report published earlier today, the Finance Committee of France’s National Assembly has stated that it would be appropriate to ban all cryptocurrencies focused on providing greater anonymity to the user. The committee went on the write that such cryptocurrencies posed heightened risk of various financial crimes. The rest of the report was not…
Between wild price volatility, the fear of Bitcoin-stealing malware, the risk of having assets left on an exchange that could become a target of hackers, and so much more, crypto investors are stuck looking over their shoulder at every turn. Cyber criminals are pulling out all the stops, doing everything from creating fake websites, to…
As if the cryptocurrency space wasn’t controversial enough, the emergence of privacy-focused coins such as Monero allow an end user to cloak their identity, making the currency an ideal choice for cyber criminals. In Japan, the Financial Services Agency has banned any exchanges from listing such coins, and privacy coins in general are commonly at…
A popular cryptocurrency recently made its way into the checkout payment option of a top-rated video game. And yes, it was not Bitcoin. Monero, a privacy-enabled offspring of the same technology that powers the Bitcoin payment protocol, can now be used to purchase gaming merchandise on Fortnite. The online video game, first released in 2017,…