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What is Monero? Monero, formerly known as BitMonero, is an open-source, cryptocurrency launched in April 2014, which focuses on transactional privacy. The developers behind this innovative digital asset did not reserve any for themselves, relying solely on donations and its community to fund the development. Ring Signatures and Mixing Addresses Monero makes use of ring signatures [...]
![MONERO [XMR] SHINES DUE TO RECENT DEVELOPMENTS IN THE MARKET](/_next/image?url=https%3A%2F%2Fwww.theccpress.com%2Fwp-content%2Fuploads%2F2018%2F10%2Feidy-bambang-sunaryo-517370-unsplash-e1540396384665.jpg&w=1920&q=75)
Monero, the tenth largest cryptocurrency in the market, has gone through recent development announcements to improve the network. The currency has always lit its first spark due to an error discovered by its developer's wallet. The mistake could allow the attackers to spend money on an organization that belongs to the Monero ecosystem. This could [...]
![A MONERO FORK OF HARD BERYLLIUM [XMR] TO GUARANTEE ANONYMITY AND REDUCE TRANSACTION COSTS](/_next/image?url=https%3A%2F%2Fwww.theccpress.com%2Fwp-content%2Fuploads%2F2018%2F10%2FMonero-Mikrotik-Madness-nwzofcu8davepe78g35lui3i8zyndy99uuiqr50i7e.jpg&w=1920&q=75)
Litecoin's founder, Charlie Lee, has always had opinions about the cryptocurrency industry. Lee was active in the industry after founding Litecoin as Silver for Bitcoin Gold. After all, it was decided that his plans were for Litecoin. But even after selling his chips, he has committed to build Litecoin as a platform. Recently, during an [...]
![BITHUMB ACCOUNTS FOR 85% OF MONERO'S TRADING VOLUME [XMR] WHEN IT ENTERS COINMARKETCAP](/_next/image?url=https%3A%2F%2Fwww.theccpress.com%2Fwp-content%2Fuploads%2F2018%2F10%2Fmonero.jpg&w=3840&q=75)
Justin Ehrenhofer, head of the Malware Response Workgroup, told CCN that two key factors make Monero attractive to hackers: "An attacker like Monero for two reasons: 1) is private, so you do not care about the company and the accusation, what to do after withdrawal with Monero, and 2) Monero uses proof of work (POW) [...]
A recent release of Monero's official website indicated that hackers could use a wallet failure to send multiple transactions to the same address stealth that was part of Monero's privacy. Sending several transactions to the same stealth address to burn a user's funds is not new and has been around for some time. They further [...]
On Tuesday, Monero developers released a post-mortem report on how they corrected the recording error that allowed attackers to record XMR files stored in Exchange repositories. Users burn the Monero by flooding the system with identical hidden addresses for several payments, which means that the funds for these accounts cannot be used. In fact, all [...]
Mobi Wallet, a cryptocurrency wallet, announced yesterday that they will be offering support for Monero [XMR] from now on. The coin will be joining another 15 new cryptocurrencies on the app. The wallet currently offers support for 20 cryptocurrencies including Bitcoin [BTC], Ethereum [ETH], Bitcoin Cash [BCH] and Litecoin [LTC], [PPT], WaltonChain [WTC], Loopring [LRC], [...]
A new BATM was installed in Sofia, Bulgaria. The two-way machine exchanges several crypto assets, counting Bitcoin (BTC) and Bitcoin Cash (BCH) with fiat currencies and reverse. Bulgaria's capital installed a new crypto ATM. The machine accepts euro, dollar, and Bulgarian lev deposits. Furthermore, users can opt for paper wallets. Starting today, Bulgarians and tourists [...]
The "world's first secure mail service with automatic encryption"- Tutanota added a cryptocurrency donation option. Tutanota revealed it supports donation in the following crypto assets: Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Monero (XMR). Furthermore, the German company intends to accept cryptocurrency payments for its pro and premium service, as reported in a blog [...]