Category: Monero

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Pro-Monero Film Briefly Tops US Box Office With $3,430 Gross

An independent film about stablecoins momentarily topped the U.S. box office charts earlier this month. An independent film touting the virtues of the privacy coin, Monero (XMR), briefly topped the U.S. box office charts earlier this month. The film accomplished this feat with a total gross of just $3,430 amid the COVID-19 pandemic. Unabridged lecture…
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Sodinokibi Crypto Ransomware Switches from Bitcoin to Monero to Hide Money Trail

A ransomware group switched from Bitcoin to Monero to better protect the hackers’ identities. A kind of ransomware — a malware that encrypts user data and asks for a ransom to restore access to it — switched from Bitcoin (BTC) to Monero (XMR) to better protect the hackers’ identities. According to an April 11 report…
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Huobi Korea Delists XMR Amid Nth Room Sexual Exploitation Case Rumors

The cryptocurrency exchange made the decision in the midst of allegations that Monero transactions were used for criminal acts. Huobi Korea announced on April 8 that they would be ending support for Monero (XMR) trading starting on April 9, 2020. They stated that this was due to “low trading volumes and anonymity functions”. They did…
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HTC Says Its Exodus ‘Blockchain Smartphone’ Will Mine Monero (XMR)

The electronics giant will enable the option of mining Monero through a mobile application in its blockchain phone. Mobile phone manufacturer giant HTC will allow users to mine Monero (XMR) cryptocurrency through its blockchain phone, Exodus, according to an announcement made on April 10. The announcement said that thanks to the partnership with the ASIC chip…
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Top 5 Cryptos Not Named Bitcoin This Week (Mar 29): XMR, BNB, HT, CRO, BSV

Most top performers have reached their resistance levels and may consolidate or correct over the next week. Consumer attitudes are changing towards banknotes and credit cards as reports suggest that the deadly coronavirus can spread by their use. The Bank of International Settlements (BIS) has, therefore, urged the central banks to consider developing central bank…
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Sophisticated Mining Botnet Identified After 2 Years

Cointelegraph spoke to Guardicore’s Ophir Harpaz regarding the recently identified crypto mining botnet Vollgar. Cybersecurity firm, Guardicore Labs, revealed the identification of a malicious crypto-mining botnet that has been operating for nearly two years on April 1. The threat actor, dubbed ‘Vollgar’ based on its mining of the little-known altcoin, Vollar (VSD), targets Windows machines…
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Top 5 Cryptos This Week (Mar 29): CRO, XMR, XRP, ADA, XLM

Most top performers are attempting to climb back after a sharp sell-off. If they can sustain above their immediate overhead resistance levels, a bottom is likely to be confirmed. The coronavirus pandemic has only worsened this week and has engulfed almost the whole world. Several countries in Europe and the US have been the worst…
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Baidu Employee Jailed for Mining Monero Worth $14K on Company Servers

A Baidu senior engineer has been jailed for three years for mining $14,000 worth of Monero on company servers. An engineer at Baidu, China’s equivalent to Google, has been jailed for mining Monero on around 200 of the company’s servers. According to a March 16 report by local media outlet, Abacus News, the employee eventually…
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New Monaco-Based Startup Bitsa Adds XMR Support to Its Prepaid Card

Italy’s new crypto-powered debit card supplier Bitsa lets users spend privacy-focused altcoin Monero on its prepaid cards. Italy’s new crypto-powered debit card supplier Bitsa has just expanded its prepaid card with major privacy-focused altcoin Monero (XMR). By enabling Monero support on its Bitsa Card, the company unclocks “all types” of XMR-based card transactions in physical…
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Top Cryptocurrencies Are Exponentially More Liquid Than Ever Before

With USDT’s volume up 32,769 times since 2017, and BTC trade having increased by 468 times, what is the crypto market outlook? With increasing speculation in the crypto community that cryptocurrency markets are on the cusp of the next major bull season, it can be easy to lose sight of the maturation that the crypto…
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