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IRS to Pay $625K to Crack Monero, Crypto Proponents Scoff at Contract
11.9.2020
The U.S. Internal Revenue Service (IRS) wants to pay a contractor $625,000 if they can crack layer-two privacy schemes and the privacy-centric crypto asset monero (XMR). The tax agency says that the entity has “limited investigative resources” for tracing these types of cryptocurrency...
Criminals Target Privacy Coins: How To Avoid Downloading Fake Wallet Apps
4.9.2020
Reports in the past few weeks detail that bad actors are targeting two privacy coin projects, Monero and Zcash, adding to concerns about the growing rate of security incidents involving blockchain networks. Such incidents, as well the repeated 51% attacks on the Ethereum Classic network or...
Privacy Options Underutilized in Cryptocurrency Usage: Report
4.9.2020
Advances in cryptography have not met with user enthusiasm, suggesting a disconnect between the cryptocurrency community and its cypherpunk ancestors. According to Coin Metrics, transactions of privacy-focused cryptocurrencies zcash (ZEC), monero (XMR), and grin only add up to 6% of bitcoin’s...
Ciphertrace Allegedly Builds Monero-Tracing Tools, XMR Proponents Disagree
31.8.2020
The blockchain surveillance firm Ciphertrace claims to have created the “world’s first” monero tracing tools for law enforcement. According to the company announcement, Ciphertrace developed forensic tools for the U.S. Department of Homeland Security (DHS) in order to track...
Lockdown Life & Darknets: BTC Still the DNM King, Cashaa’s Stolen Coins Sent to Hydra, Cannabis Sales Surge
17.8.2020
During the last six months, the Covid-19 outbreak has caused a lot of disarray in the world and one thing is for sure, the use of darknet markets has surged. While the citizens of the globe have been locked down, cannabis sales have skyrocketed and the dollar value of bitcoin transactions done...
142 Million Guests: Hackers Attempt to Sell MGM Grand Data Dump for Cryptocurrency
20.7.2020
Last year the giant resort firm MGM Grand was hacked and the cybercriminals ostensibly obtained a massive dump of names, addresses, phone numbers, and dates of birth. Now according to vendors on the deep web, hackers have been trying to sell the data dump for monero or bitcoin. The hackers claim...
Researchers Claim 99.9% of Zcash Transactions Are Traceable
23.5.2020
A study into the traceability of top privacy coins reveals over 99% of Zcash users fail to utilize the protocol’s privacy features
Review: Documentary Film - Monero Means Money
16.5.2020
The film, Monero Means Money, went from drawing board to premiere in just one week, and even briefly topped the U.S. box office, albeit largely due to the COVID-19 lockdown… but is that a good thing?
Monero (XMR) Holds High Hopes; Reflects a Noticeable Recovery
5.5.2020
XMR coin tries to stabilize after a 5.34% recovery; the coin keeps hitting the resistance zone While volatility keeps targeting the coin, it has attempted to come out of the recent price loss of more than 6% Monero holds a support level at around 38.20%; $62 seems to be a key resistance The 5-day...
Pro-Monero Film Briefly Tops US Box Office With $3,430 Gross
26.4.2020
The film was created after its producer realized that he could top the box office charts with a handful of digital screenings amid the coronavirus lockdown
Monero (XMR) Trades at $60; Yet to Gain a Steady Hit of Momentum
25.4.2020
Monero, at the time of writing this analysis, was trading at $60.69 after an intraday bearish divergence drawn at $59.6 XMR/USD retains support from 50-day and 200-day MA at the current trading price and $57, respectively Over the past six days, Monero has marked a weekly high and low at $62.44...
Monero (XMR) Gets a Weakened Start for the Week
20.4.2020
Monero has been down marginally over the last 24 hours, and the current value stands at $57.76 It holds the support from its 50-Day MA at $57.71 The overall sluggish market didn’t let the XMR coin a good start. It has been pulled down by 0.77% over the last 24 hours, and its price has …
HTC Says Its Exodus ‘Blockchain Smartphone’ Will Mine Monero (XMR)
11.4.2020
The electronics giant will launch a mobile app to enable users mining Monero through a smartphone
Monero (XMR) Lacks Momentum; May Touch $55 this Weekend
10.4.2020
Monero has managed to register a marginal hike in the last 24 hours As per the current movement, XMR may cross its previous support $55 soon Monero price has been hovering around $50 and $60 for quite a time now. Though there have been a few ups and downs, nothing has been unprecedented. This...
Monero (XMR) Turns Flattish After a Day-long Volatile Spree
1.4.2020
Monero had formed double-top yesterday; today’s price trend lacks momentum The coin is firmly trading above $46 today; yesterday’s highs still remain far The currency seems to have a support level at $46.54; XMR just tested resistance at $47.44 Technical indicators are giving mixed signals for now;...
Monero (XMR) Retraces Above $50 After a Fortnight of Bearish Play
27.3.2020
Monero, at the time of writing, was seen retreating a 15-day high as it marked an intraday high at $51.56 after gaining a gradual momentum from March 23, 2020 The price trend of XMR coin has breached above 38.20% Fib Retracement level as the coin spiked above $45.86 However, the current trading...
Monero (XMR) Quietly Gains 99.5% as Bitcoin Price Consolidates
27.3.2020
Monero price is a standout amongst altcoins, gaining nearly 100% since the crypto market crashed on March 12
Monero (XMR) Trades at $50; Holds No Signs of a Quick Rebound
12.3.2020
At the time of penning down this analysis, Monero’s price was trading at $50.83. Important to note that the price of XMR coin has hit the support around $50 after 60 days of resistance beyond it. The current trading price of the currency is 47% lower than the 90-day high price marked at...
Monero (XMR) Accumulates Above 200-day MA; Trades at $79
21.2.2020
Monero, at the time of penning down, was seen accumulating around the trading price of $79.11 with immediate support from 200-day MA at $75 With steady support from 200-day MA, $74 to $75 is marked as a stop loss and while the coin oscillates above $80, $81 to $84 is marked as TP (Take Profit)...
Monero Appears Midway as it Tries to Gain Momentum and Support
18.2.2020
Monero, at the time of writing this analysis, was trading at $84, after correcting down from a fresh 90-day high marked at $97 XMR/USD holds a “death crossover” as the 200-day MA crosses above 50-day MA indicating a bearish trend ahead The consistent higher high trend takes a break as the price...