Monero Wallet Security Threat Fixed with the Latest Hotfix
Monero developers have released a new hotfix to repair a security vulnerability faced by the wallet applications which had left them prone to CSRF attacks. Owing to its additional privacy and security features, Monero is notably giving Bitcoin a tough competition as a darknet currency. However, a recent security alert has indicated that even though Monero transactions are safe and secure, the wallets aren’t. MWR Labs, a cybersecurity company, had released an advisory earlier this month stating the presence of a Cross Site request Forgery vulnerability. The vulnerability could potentially....
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Monero is expected to become the new favorite of ransomware creators and distributors as it offers better privacy and security than Bitcoin. Cyber criminals and hackers will soon ditch Bitcoin for Monero. Cyber security experts have anticipated the shift to happen in the near future. They believe that the ransomware creators and distributors will start demanding ransom in Monero instead of Bitcoin in the coming days. The shift will be influenced by the additional privacy and security offered by Monero. Bitcoin transactions are known to be pseudonymous at best. In spite of taking extra....
A new Monero update brings improvements in performance, speed, and security amid increased scrutiny from law enforcement and developments from competitors First announced in September, Monero developers today went live with a network update featuring a new version of its node software, codenamed 'Oxygen Orion.' The product of 30 contributors, the update promises significant improvement across nearly all aspects of the privacy-focused cryptocurrency’s performance. The highlight of the new update is the compact linkable spontaneous anonymous group (CLSAG) feature. According to the Monero....
Drug dealers find solace in Monero, Shopawl accepts bitcoin, and the era of traditional banking may finally come to an end. Check out the stories below to catch up on your latest tech and digital currency news. MONERO MAKES DRUG TRADING MORE PRIVATE. At just two years old, Monero is one of the world’s newest altcoins. Despite its lack of experience in the digital arena, however, the price of the coin quadrupled early last month, and the coin is earning newfound popularity among drug dealers thanks to its promise of more privacy. AlphaBay, one of the dark net’s leading drug sites, has....
Alphabay, a deep web marketplace is soon starting to accept Monero on the platform. The increased interest in Monero is attributed to its enhanced privacy features. A new cryptocurrency is giving Bitcoin a run for its money when it comes to the title of being the most favored currency on the dark net. Monero, as the cryptocurrency is titled, is gaining recognition for its better-tha-Bitcoin privacy features. Unlike Bitcoin, the blockchain of which is open and transparent, and can easily trace users by their respective wallet addressed, Monero automatically generates a new wallet address....
Jaxx abruptly canceled its much-anticipated integration of Monero into its platform, citing “too many difficulties.” The multi-coin wallet, which integrates across a variety of platforms with a focus on user experience, was slated to integrate the privacy-centric cryptocurrency last year, but faced repeated delays. CEO Anthony Di Iorio announced the cancellation news via Twitter: The integration was reportedly almost complete, with Di Iorio posting screenshots of the wallet with Monero integrated. Issues hindering the integration. During the integration process, Jaxx reportedly came across....