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Monero News

Monero (XMR) is a privacy-focused cryptocurrency that allows anonymous and untraceable transactions by default using various cryptographic technologies that provide strong privacy guarantees. To maintain decentralization, Monero undergoes regular protocol changes to its mining algorithm and other features every six months to avoid monopolies and cartelization.

Launched in April 2014 as a fork of BitMonero — itself a fork of Bytecoin (BCN) — Monero’s core development was driven by a group of largely pseudonymous developers led by Ricardo Spagni, also known as Fluffypony. Spagni left his role as lead maintainer of the project in December 2019 to further decentralize Monero’s core development and focus on building products and services on the protocol.

Over the years, Monero has garnered a reputation as a cryptocurrency of choice on the darknet because of its strong privacy and anonymity features that exceed most cryptocurrencies, including Bitcoin (BTC).

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Hackers have attacked badly configured machine learning clusters on Microsoft’s Azure cloud computing network, and hijacked them to mine Monero.

Microsoft Azure Machine Learning Clusters Cryptojacked to Mine Monero

2020-06-12T10:15:00+01:00

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Sophos revealed recent botnet attacks breach Microsoft SQL server databases to install a well-known Monero mining app.

Botnet Exploits SQL Servers to Install Crypto Mining App

2020-06-10T19:11:00+01:00

5492

The latest moves from ransomware groups suggest that gangs are forging alliances to create a mafia-style structure.

Ransomware Gangs Are Teaming Up to Form Cartel-Style Structures

2020-06-09T18:40:00+01:00

9153

Chainalysis calls the ‘privacy coin’ bluff — adds support for Zcash and Dash, calling Dash a ‘privacy coin’ is a ‘misnomer.’

Chainalysis Can Now Track Your 'Privacy Coins' Zcash & Dash

Michael Kapilkov

2020-06-08T20:22:00+01:00

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Trend Micro reveals dwindling confidence among darknet users in marketplaces due to security concerns.

Law Enforcement Is Starting to Make Criminals Doubt the Dark Web

2020-06-08T18:57:00+01:00

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A Seoul court granted the petition demanded by the prosecutors to freeze crypto wallets owned by the head of the Nth Room case.

South Korean Prosecutors Freeze Crypto Wallets of Suspected Child Porn Ring Chief

2020-06-02T20:52:00+01:00

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The altcoin market capitalization has steadily risen over the past few days, suggesting that the short-term price action has shifted away from Bitcoin.

Top 5 Cryptocurrencies to Watch This Week: BTC, BNB, XLM, XMR, TRX

Rakesh Upadhyay

2020-05-31T19:35:00+01:00

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More than 1,000 enterprise computer systems have been infected with a cryptojacking malware that installs a Monero mining application.

1,000 Corporate Systems Infected With Monero Mining Malware

2020-05-27T03:40:00+01:00

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