Few of the top five cryptocurrency performers of the past seven days are showing signs of bottoming out. Can they start a new uptrend? Coinbase CEO Brian Armstrong believes that rising cryptocurrency prices will generate massive wealth for the crypto investors in the 20s. His friends, Olaf Carlson-Wee and Balaji Srinivasan expect Bitcoin’s price to…
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Coinbase CEO Brian Armstrong believes that a “privacy coin” go mainstream in the 20s. Brian Armstrong, co-founder and CEO of United States-based cryptocurrency exchange Coinbase, said that he believes a “privacy coin” will go mainstream in the 20s. In a post published on Coinbase’s official blog on Jan. 3, Armstrong said that he believes in…
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What did 2019 bring by way of privacy coins in criminality, how have things changed, and what is the 2020 outlook? The right to privacy is a fundamental prerequisite for peace of mind and security. The idea that only criminals have something to hide is strange. Contrarily, privacy is sought by almost everyone. Yet, it…
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Zcoin launched a new platform designed to serve as a shift from direct funding from the block reward to a donation model. Privacy-focused cryptocurrency Zcoin (XZC) has launched a new crowdfunding system similar to one by another major privacy coin, Monero (XMR). In a Dec. 26 blog post, Zcoin announced the launch of the Zcoin…
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Researchers have published a new report on what they say is a “relentless” crypto mining botnet that lurks behind seemingly innocuous content like JPEG images of Taylor Swift. Researchers have published a new report on what they deem to be a “relentless” crypto mining botnet that lurks behind seemingly innocuous content such as JPEG images…
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Monero’s compliance workgroup concludes that FinCEN Funds Travel Rule does not apply to underlying assets and cryptocurrencies such as XMR. The Monero Compliance Workgroup has stated that the Monero (XMR) network is not subject to U.S. Financial Crimes and Enforcement Network (FinCEN) guidelines regarding the Funds Travel Rule, in a Dec. 5 blog post. What…
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Can the approaching holiday season boost Bitcoin and crypto prices? Let’s analyze the charts of the top performers of the past seven days. The New York Digital Investment Group LLC (NYDIG) has received approval from the United States Securities and Exchange Commission (SEC) to offer its shares to institutional investors, including registered investment advisers, their…
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The Monero network has successfully upgraded to RandomX, a new mining algorithm that aims to be ASIC-resistant. The Monero (XMR) network has been successfully upgraded to RandomX, a new mining algorithm that aims to be ASIC-resistant. On Nov. 30, the Monero community workgroup did a live stream on YouTube in which the upgrade took place…
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A few of the top performers of the past seven days are showing strength. This suggests that select cryptocurrencies can offer buying opportunities. This is the second year in a row that November has turned out to be the worst month for Bitcoin (BTC) of the year. In 2018, Bitcoin’s price had plunged 36.18%. While…
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Launched on Nov. 24, a new cryptojacking campaign uses Docker platforms that have API endpoints exposed online to mine XMR. A group of hackers has launched a new cryptojacking campaign on Nov. 24, scanning as many as 59,000 IP networks to find Docker platforms that have API endpoints exposed online, business technology publication ZDNet reports…
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