SPLC report examines use of Bitcoin and Monero by right wing extremists
Several political extremists have derived a great deal of wealth from cryptocurrency donations since their supporters can remain anonymous and transactions can't be censored. The Southern Poverty Law Center (SPLC) has released a report examining the extensive ties between the far right and Bitcoin, many of whom built fortunes in the cryptocurrency.In a Dec. 9 Hatewatch report, the SPLC shared its findings on how right wing extremists and white supremacists, discuss and use cryptocurrencies claiming that many have amassed “tens of millions of dollars” from crypto donations. The report How....
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Monero has ranked among the top altcoins since its release in April, even earning its own market as a trading pair on the altcoin exchange Poloniex. However, the Monero price has been in decline for the past several months. CCN examines this altcoin price movement to help investors make wise trading decisions. Also Read: Monero Market Added To Poloniex Cryptocurrency Exchange. Monero Price Trending Downwards. The Monero price has been in decline for several months, and the fall continued during the past week. On October 24, the Monero price was 212,653 satoshis. Over the next two days, the....
Hundreds of thousands of euros may have been supplied through a secret network benefiting al-Qaida-linked extremists in northwestern Syria.
A legal non-profit accuses the platform of failing to moderate accounts and allowing extremists to collect donations.
Monero appears to have lost its darknet market integrations, and very well may have fallen victim to an exit scam. Darknet market Oasis, the first to accept Monero, has abruptly gone offline in an apparent exit scam, making off with customer funds. An estimated 150 Bitcoins were lost, as well as an indeterminate amount of Monero. Several users report that attempts to withdraw XMR from AlphaBay, the darknet market whose integration was closely correlated with the currency’s meteoric rise, were unresponsive as well. HolladsHerbs, Reddit user, posted in the /r/DarkNetMarkets subreddit a....
Cryptojacking activity seems to be losing momentum, specifically types that mine monero, as a recent report unveiled a slowdown in the illicit crypto-mining activities in the cloud. A threat intelligence firm compiled the results. Report Focused on Cryptojacking Incidents With Monero According to Unit 42 in their “Cloud Thread Report,” cryptojacking attacks have been decreasing for the first time since 2018 – the year when the firm started to trace illicit mining activities. But the study put its focus specifically on monero (XMR). Threat actors in cryptojacking attacks....