New Report Finds North Korean Mining of XMR Increased Tenfold in 2019
February 13th, 2020
A report published by cybersecurity organization Insikt Group claims internet use in North Korea has grown significantly in the past three years. The group cites a “300% increase in the volume of activity to and from North Korean networks since 2017,” and part of this activity involves monero (XMR) mining. Insikt observes a tenfold increase…
Monero Price Analysis: XMR 5% Gain Stands Out In Bearish Market
September 2nd, 2019
Cryptocurrencies remained extensively depressed during the weekend sessions. However, for the selected few like Monero, shallow recovery was strikingly visible. From August lows at $65.58 (Fibonacci swing low), XMR/USD made a brilliant move stepping above the 23.6% Fib retracement level taken between the last swing high of $91.56 to a swing low of $65.58. The…
Monero Upgrade, Revolut Auto Exchange, SETL Administration
March 11th, 2019
We cover the latest protocol upgrade to privacy coin monero (XMR), a new feature for traders using Revolut, and the blockchain-based corporate settlements platform SETL appointing administrators for the business. Monero Undergoes Protocol Upgrade The Monero development team has confirmed that its scheduled protocol upgrade was completed successfully. The hard fork introduced four main changes…
Another Hard Fork Coming for Monero [XMR]? Analysis says ASIC Dominates Monero Hashrate
February 9th, 2019
According to the latest analysis, Monero, the privacy-focused cryptocurrency which is known for using ring signatures to obfuscate the actual sender of a transaction is dominated by ASICs, and if it is indeed correct, Monero community would have to make a decision, once more. In the analysis performed by MoneroCrusher, a pseudo-anonymous user suggests that…
Monero [XMR] isn’t an Investment – Use it as Currency, Project Lead Riccardo Spagni Advised
February 8th, 2019
Those who consider Monero (XMR) as an investment, may change their opinion following the discussion of Monero developer with Forbes, Media. Riccardo Spagni, who is working as Developer for Monero claims that ‘it is not an investment but a currency’. Use it as Currency, Not Investment “Monero’s probably not an investment. It’s designed to be…
Scheduled Monero Soft Fork in October, 2018
October 17th, 2018
Review of “Beryllium Bullet” release. On the 11th of October, 2018 happened the v0.13.0 release of the Monero GUI & CLI software. This release provides a variety of major improvements to Monero, as well as a large set of bug fixes. This is a major change due to the scheduled Monero’s network upgrade on the…
Monero Community Crowdfunded Audition Campaign for the Bulletproof Implementation
May 17th, 2018
On the threshold of the Bulletproof technology implementation, Monero community was polled about auditing this process. The issue is that there are many developers are working on this feeding-in, and some points could be overseen or even lost. Moreover, there might be some aspects which could be improved. For this purposes, it was decided to…
Consensus 2018 blockchain summit have started
May 14th, 2018
The fourth annual summit dedicated to the blockchain technology and cryptocurrency – Consensus 2018 – started today, 14th May 2018. For the last four years, it becomes one of the main events in the crypto world. This year the conference is organized by the leading blockchain and crypto assets media CoinDesk and features more than…
Coincheck exchange partially revived XMR transactions
May 11th, 2018
Coincheck crypto exchange, which is the part of the Monex Group and one of the most significant cryptos and financial service companies in Japan, partly restored its support for Monero (XMR). Now Coincheck users can withdraw and sell XMR through the exchange, but not purchase them. This January, Coincheck experienced one of the biggest hacks…
Boston-based “Circle Invest” startup adds support for Monero (XMR).
May 9th, 2018
Auspicious Boston FinTech startup “Circle Invest,” which is a part of the Circle Internet Financial, company backed with venture capital of the Goldman-Sachs bank, added the support of Monero (XMR). Circle Internet Financial was founded in late 2013 and started with the app Circle Pay, a peer-to-peer payments software. After five years, in March 2018…