Category: Monero

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Report: Cyber Criminals Are Using YouTube To Install Cryptojacking Malware

Major antivirus software supplier Eset has found cyber criminals using YouTube to distribute mining modules to cryptojack Monero. Slovakian software security firm Eset has uncovered that cyber criminals behind the Stantinko botnet have been distributing a Monero (XMR) cryptocurrency mining module via Youtube. On Nov. 26, the major antivirus software supplier Eset reported that the…
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BitBay Crypto Exchange to Delist Monero Due to Money Laundering Concerns

Cryptocurrency exchange BitBay will delist privacy-centric cryptocurrency Monero in 2020 due to money laundering concerns. Cryptocurrency exchange BitBay will delist privacy-centric cryptocurrency Monero (XMR) due to money laundering concerns. The exchange announced the decision on Nov. 25, noting that the delisting will take place on Feb. 19, 2020. The exchange explained its decision “Monero (XMR)…
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Altcoin Market Capitalization Shrinks Despite Volume Boost Since 2017

Despite crypto markets reclaiming the capitalization boasted in Nov. 2017 and record volumes, altcoins have seen a declining market share. At present, the combined capitalization of the 2,022 crypto assets with a known market cap was roughly $222 billion. On Nov. 19, 2017, just weeks before the current all-time highs would be set for the…
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Researcher Breaks Grin’s ‘Privacy’ Spending Just $60 Per Week

A researcher says that Mimblewimble’s privacy is flawed as people are able to uncover the addresses for 96% of Grin transactions. Mimblewimble, a privacy-focused blockchain protocol, is allegedly not private at all. According to an expert at blockchain research firm Dragonfly Research, Mimblewimble’s privacy is fundamentally flawed, which he reportedly proved by discovering the exact…
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Hacker Offers $100K in BTC as Bounty for Hacking Halliburton

Vigilante hacker known as Phineas Fisher will pay in crypto for hacking big companies with like NSO Group and Halliburton. Anonymous hacker Phineas Fisher will pay up to $100,000 in crypto to hackers for leaking some damaging information about global high-profile firms. The bounty, called the “Hacktivist Bug Hunting Program” was published on Nov. 15…
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Top-5 Cryptos This Week: TRX, BCH, HT, XLM, XMR

The top-performing cryptocurrencies are showing signs of profit booking at higher levels and this suggests the market is in a consolidation phase. The crypto space is taking a breather after the recent sharp run. However, Binance CEO Changpeng Zhao (CZ) recently tweeted that he is positive that Bitcoin (BTC) will resume its rally to $16,000…
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Monero Futures Begin Trading on Dubai-Based Crypto Exchange

Monero (XMR) futures trading launched by a regulated Dubai-based BTSE cryptocurrency exchange that says it wants to “spark a conversation.” Dubai-based multi-currency and spot/futures exchange, BTSE, unveiled its Monero (XMR) futures trading, Oct. 31. The move makes it one of the first and only exchanges offering futures contracts on the privacy-focussed cryptocurrency. Bucking the trend…
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Privacy-Focused Cryptos Hunted Down by Forensics and Exchanges

Major crypto markets are forced to delist privacy coins as per FATF requirements, is it counterproductive or a step in the right direction? As Japan and South Korea — two of the largest cryptocurrency exchange markets in Asia — are increasingly pressuring exchanges to delist privacy-focused crypto assets, and concerns are rising that it could…
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FATF’s Regulations to Push Criminals to Privacy Coins: CipherTrace CEO

95% of criminal activity in crypto accounts for Bitcoin and Ether due to their brand name and ease of use, CipherTrace’s CEO says. The Financial Action Task Force’s (FATF) crypto regulations will trigger a shift of criminal activity from Bitcoin (BTC) to privacy coins, it has been claimed. Criminals mostly use BTC and ETH to…
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Germany Warns of Privacy Token Usage in Money Laundering and Terrorism

The German Federal Ministry of Finance has expressed concerns about using privacy tokens due to their association with criminal activities and difficulties to track them down. The German Federal Ministry of Finance has expressed concerns about rising use of privacy tokens due to their association with criminal activities and difficulties in tracking them. Published on…
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