As Bitcoin attempts to find a bottom, altcoins continue to decline, opening up opportunities on the long and short side.
Monero (XMR) is a privacy-focused cryptocurrency that allows anonymous and untraceable transactions by default using various cryptographic technologies that provide strong privacy guarantees. To maintain decentralization, Monero undergoes regular protocol changes to its mining algorithm and other features every six months to avoid monopolies and cartelization.
Launched in April 2014 as a fork of BitMonero — itself a fork of Bytecoin (BCN) — Monero’s core development was driven by a group of largely pseudonymous developers led by Ricardo Spagni, also known as Fluffypony. Spagni left his role as lead maintainer of the project in December 2019 to further decentralize Monero’s core development and focus on building products and services on the protocol.
Over the years, Monero has garnered a reputation as a cryptocurrency of choice on the darknet because of its strong privacy and anonymity features that exceed most cryptocurrencies, including Bitcoin (BTC).
New developments at the state level in the U.S. defined this week's regulatory news.3675
Dollars are used for nefarious activities too.6265
The U.S. government is charging ahead in its pursuit of privacy tokens, according to its latest sanctions.9267
Privacy coins aren’t a major money laundering risk a new white paper argues.4464
Is cryptojacking still an underrated threat?3759
Taking account of more aggressive crypto tracking measures and what they mean for future government adoption of blockchain.9675
The United States Internal Revenue Service has announced a bounty of up to $625,000 to anyone who can crack Monero’s privacy.442296
The surrounding threat level is low, but there are fears it could increase.11044
“Uptake of privacy features and assets has been slow,” the report stated.7897
Cryptocurrency intelligence firm CipherTrace claims a new tool can trace Monero transactions, but skepticism remains.23505
Who said browser-based cryptojacking was dead?5630
Privacy coins are quietly being relegated to the fringes of the Blockchain space.6593
Guardicore Labs explains that FritzFrog uses a brute-force attack on millions of addresses to gain access to servers.5275
Jack Daniels says it successfully fended off the attack, but the REvil ransomware gang has put stolen data up for auction on the darknet.5588