Search: Monero

(XMR) Monero Price Trending Downwards

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....

Darknet Marketplace Monero Market Goes Offline Until January 2017

“We believe Monero is by far the best cryptocurrency at the moment to buy/sell anonymously,” an unknown rep of Monero Market told CCN before the Monero-focused dakrnet marketplace went offline today. The representative added: Bitcoin is not anonymous anymore. There has been lot’s of article of....

Blockchain Analytics Firm Looks to Trace Monero (XMR) Transactions

Monero (XMR) has been one of the main privacy technologies in the crypto space for many years now. Unlike what many think, Bitcoin is actually easy to track if a user connects their account to an exchange. But even Monero may be susceptible to tracing, according to a recent press release from....

Monero Overtakes Litecoin, Demonstrates Strong Performance

On January 3, Monero officially overtook Litecoin and Ripple, solidifying its position as one of the leading cryptocurrencies in the market. There exists several major factors that pushed the market cap of Monero this past weekend including the Alphabay userbase, active development and....

Altwars: Monero Beats Litecoin to 4th Biggest Market Cap

Monero (XMR) is challenging the top four cryptocurrencies by market cap, having beaten Litecoin January 3 to reach an all-time high of $227.1 billion. Monero Taunts Litecoin. The privacy-centric altcoin is at press time hovering just below Litecoin’s $222.9 million cap again, making it the....

Monero Continues Upswing With Kraken's Launch of XMR Trading

Kraken, a global bitcoin exchange headquartered in San Francisco, announced the launch of Monero (XMR) trading, which effectively enables users to trade Monero with bitcoin, U.S. dollars and euros. In a statement, the Kraken development team expressed its optimism toward Monero based on its....

Understanding Monero and Its Mission to Reclaim Online Anonymity

Increasingly, the subject of anonymity-focused Monero has been popping up on blockchain forums. According to Google Trends, searches on the topic surged by about 700% in August 2016. What is Monero? How is it Different from Bitcoin? Monero is currently one of the most traded cryptocurrencies. It....

Monero Loses Darknet Market in Apparent Exit Scam

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....

Cyber Security Experts Expect a Rise in Monero Ransomware

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....

Darknet Customers Are Demanding Bitcoin Alternative Monero

The dark web has started to embrace Monero, a privacy-conscious alternative to Bitcoin. First, the operators of SIGAINT, a commonly used dark web email provider, decided to host a full node for Monero light wallets. Then, an eight-month-old darknet market called Oasis decided to allow vendors to....

Monero Market Added To Poloniex Cryptocurrency Exchange

Monero (XMR) is an cryptocurrency based on the CryptoNote protocol that touts anonymity as one of its winning features. Recently, United States cryptocurrency exchange Poloniex added a new Monero market to its list of features. The addition makes Monero not only the first altcoin to establish....

Monero Challenges Bitcoin to Become Darknet Currency

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....

Jaxx Cancels Monero Integration, Cites Difficulties Working With Community

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....

Monero: The Ups and Downs of an Anonymous Currency

Anonymous cryptocurrency Monero has jumped in value over the past couple of months. More recently though, the price has declined from its highs as the community experienced unexpected rumors. Throughout this, Monero has remained a valued asset with the sixth–highest market capitalization. It....

Leading Dark Net Markets to Support Monero

Privacy-centric cryptocurrency Monero (XMR) has been making waves in the community as of late. Most recently, it has been revealed that the digital currency will be used by leading Dark Net Markets. Oasis & Alphabay Will Implement Monero. According to a recent Reddit post on the Dark Net....

5 Major Reasons Why Monero Has Spiked

Monero (XMR), a privacy-focused open source cryptocurrency, has agitated the digital currency community after demonstrating a nearly 100% increase in price over a 6-day period, from August 24th-30th. Users and investors of the currency, which has been around for over two years, have questioned....

Industry Report: The Digital Drug World Just Got a Lot More Private

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....

Upcoming Monero Hard Fork Lays Foundation For Complete Anonymity

Monero network blocks will enforce coinbase transactions to be split into new denominations. Doing so will prevent unmixable inputs from being created. Over the past few weeks, there has been a significant interest in Monero. Not only did the alternative currency gain significant value in recent....

Chainalysis and Integra Win $1.25 Million IRS Contract to Break Monero

Crypto intelligence firm Chainalysis and data forensics company Integra Fec have won a combined $1.25 million contract to provide tools that break the privacy-focused coin, monero, for the U.S. Internal Revenue Service (IRS). Floated early September, the one-year contract specifically covers....

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,....

Untraceable Cryptocurrency Monero is Booming

The value of Monero has more than tripled in the last ten days moving from around $2.47 to $8.10 as at the time of this publication. Described as the new digital currency that online drug-dealers have started to adopt because it enables them to conduct business with more anonymity, the price of....

FBI Concerned About Criminal Use of Private Cryptocurrency Monero

The privacy-focused digital currency monero has captured the attention of the Federal Bureau of Investigation (FBI), which has expressed concerns over its use among criminals. Joseph Battaglia, a special agent working at the FBI’s Cyber Division in New York City, said during an event last week....

Monero Rising: Why Dark Markets Matter

The precipitous rise of Monero in the past few days has caused many users and traders to ask: what’s behind the surge of the self-proclaimed “untraceable” XMR token? Monero Surge Indicative of Demand for Privacy? For those familiar with the altcoin market, it’s not how much a coin has made, but....

Canadian Public Company Dumps Ethereum and Monero for Bitcoin

A Canadian publicly held company has liquidated all of its ethereum and monero holdings and put all of the proceeds into bitcoin. The company is led by a well-known poker player and former member of the European Parliament. Cypherpunk Dumps Monero and Ethereum for Bitcoin Cypherpunk Holdings, a....