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Tag Archives: XMRUSD

Monero Bug May Impact Transaction Privacy: Team Reveals

Developer’s of the privacy token Monero (XMR) have found a bug that breaks its transaction privacy, according to recent tweets on Monday. The official Monero Twitter account warned users of a “rather significant bug” in the Decoy system. The bug was at first discovered by software developer Justin Berman when he found out that if a user spends their XMR tokens after 20 minutes of receiving them (two blocks time), it’s likely that their transaction will be identified as the...

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COVID-19 Vaccine Certificates Sold on the Darkweb for BTC and ETH

Coinfirm revealed that some users on the notorious Darkweb have been selling falsified vaccine certificates for COVID-19 and stolen doses of vaccines in exchange for a variety of cryptocurrencies. Per the report, one can buy 10 shots of the AstraZeneca product for $250 or its crypto equivalent. BTC in Exchange for a Coronavirus Shot Criminals see the anonymous nature of the Darkweb as an attractive marketplace where they can execute a variety of illegal deals. The blockchain...

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Trustless XMR-BTC Swaps Launch on Monero’s Mainnet

This allows users to create trustless atomic swaps between the two cryptocurrencies without having to route through a centralized exchange service. Monero’s Privacy Mechanisms Monero’s ring signature system draws anonymity from a minimum ring size. Receivers are protected via stealth addresses, and funds within the ring are indistinguishable from each other. The minimum ring size is 11: given no other information, an attacker can identify the source of a transaction with a...

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Privacy Coins Soar as Bitcoin Dipped Below $35K (Weekend Watch)

Bitcoin’s enhanced volatility resumed in the past 24 hours as the cryptocurrency fell to its lowest price level in five days beneath $35,000. Most alternative coins also experienced similar dips and increased BTC’s market dominance to above 43%. Bitcoin Dipped Below $35K After recovering from its most violent losses to $30,000, the primary cryptocurrency was riding high for a few consecutive days. The asset challenged $40,000 on a few occasions and even briefly jumped above...

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$100 Million in Monero (XMR) Ransom Reportedly Demanded from Computer Giant Acer

The Taiwanese multinational hardware and electronics company, Acer, is purportedly the latest popular organization to fall victim to the notorious REvil ransomware attack. According to recent reports, the perpetrators have requested one of the largest demands so far of up to $100 million paid in the privacy cryptocurrency – Monero.Ransomware Attack on AcerHeadquartered in New Taipei City, Acer is among the world’s largest manufacturers of computer hardware and electronics with revenue of over...

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Grayscale Eyes DeFi: Registers Trusts For Polkadot, Aave, and Cosmos

With nearly 90% of investments located in its Bitcoin Trust, Grayscale could be providing new diversification products to its institutional investors. Recent filings in Delaware revealed that the company has registered for new cryptocurrency products for the privacy-oriented coin Monero and three DeFi tokens – Polkadot, Cosmos, and Aave.According to the filings made by the Delaware Trust Company, listed as Grayscale Investment’s statutory trustee for the state, the asset manager has already...

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Privacy Coins Targeted: Bittrex to Delist Monero, ZCash, and Dash

Just a few days after announcing the delisting of Ripple (XRP) following the SEC charges, Bittrex has added three more coins to the list of removals. Interestingly, they are all so-called security tokens – Monero (XMR), Dash (DASH), and ZCash (ZEC).The Seattle, Washington-based cryptocurrency exchange said in a statement earlier today that it will remove Monero, Dash, and ZCash from its global platform. The company will halt trading for these markets: BTC/XMR, ETH/XMR, USDT/XMR, BTC/ZEC,...

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Bitcoin Sets New ATH Above $25,000: Bitcoin Dominance Eyes 70% (Market Watch)

Bitcoin’s Christmas continued with a bullish performance as the cryptocurrency has marked another all-time high – this time breaking above $25,000. Most altcoins have also added value, including Litecoin – a 15% surge for LTC has taken it to a new yearly high of about $130.Bitcoin Paints A Fresh ATH Above $25KAfter dumping to $22,700 on December 21st, just five days ago, BTC’s price performance has been quite impressive: The asset overcame $23K and $24K in the following days and, despite high...

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President Putin Signs A Decree Requiring Russian Officials To Disclose Cryptocurrency Holdings

Russia’s attempts to provide more clarity toward cryptocurrencies continue with a new amendment to the Digital and Financial Assets (DFA) – a law that’s already in effect. The country has signed a decree obliging Russian officials to reveal their digital asset investments by June 30th, 2021.Russian Officials To Disclose Crypto HoldingsAccording to local news, President Vladimir Putin has signed the decree on December 10th. Country officials have to disclose thorough information regarding...

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Market Watch: Bitcoin Reclaims $18K, Ripple Tumbles 6% Following Spark Airdrop’s Snapshot

Following another dip to $17,600 bitcoin has bounced off and has reclaimed the $18K level. Most alternative coins have taken a breath of fresh air as well, and the market cap has gained about $20 billion since yesterday’s bottom.Bitcoin Reclaims $18KThe primary cryptocurrency began gradually decreasing in value at the start of the week. After a few consecutive days of trading in the red, bitcoin dipped even further to $17,600.Despite bouncing off initially, BTC failed to fully recover in the...

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