A study into the traceability of top privacy coins reveals over 99% of Zcash users fail to utilize the protocol’s privacy features.
Monero is a digital currency very similar to Bitcoin, but it offers a higher level of security and anonymity for users and their transactions.
The Monero ledger, unlike Blockchain, doesn’t record the actual stealth addresses of parties to transactions, and the one-time created address that is recorded is not linked to the actual addresses of the parties as well. All Monero transactions between two parties are grouped up with some other transactions that occur among unrelated parties. Monero also handles transactions by splitting the amount transferred into multiple parts and then treating each split part as a separate transaction.
The popularity of Monero is not growing just because of attention from black market, but also because of the large amount of people not fond of being watched by governments, hackers, and corporations.
The Philippine Institute for Peace, Violence and Terrorism Research has been tracking transactions made by local terror groups.4767
Besides Bitcoin, several major cryptocurrencies are consolidating close to their overhead resistances and could offer buying opportunities in the short-term.15415
The film, Monero Means Money, went from drawing board to premiere in just one week, and even briefly topped the U.S. box office, albeit largely due to the COVID-19 lockdown… but is that a good thing?4826
Another cryptocurrency exchange in South Korea delists XMR amid the Nth room sex scandal case.9844
Crypto traders explain why this Bitcoin rally may be more than just a correction.18748
Norwegian Police suspect millionaire Tom Hagen murdered his missing wife, which calls into question ‘$10M in Monero’ ransom note.6137
The Incognito privacy project is an interoperable chain that will let you privately use DeFi platforms without ever touching Ethereum itself.5293
An independent film about stablecoins momentarily topped the U.S. box office charts earlier this month.4944
Slovakian cybersecurity firm ESET has reported some success in disrupting the workings of a previously undetected Monero-mining botnet in Latin America.3231
Ethereum’s Vitalik Buterin downplayed the recent HTC announcement on allowing XMR mining in mobile phones.6147
A ransomware group switched from Bitcoin to Monero to better protect the hackers’ identities.8342
The cryptocurrency exchange made the decision in the midst of allegations that Monero transactions were used for criminal acts.4591
The electronics giant will enable the option of mining Monero through a mobile application in its blockchain phone.8619
Most top performers have reached their resistance levels and may consolidate or correct over the next week.4857