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Cryptocurrency Can Be Safer Than You Think

Believe it or not, cryptocurrency investment does not have to be risky, it doesn’t have to be dangerous and investing in crypto doesn’t mean you need to behave like you’re navigating a minefield. As a matter of fact, cryptocurrency can even be seen as an investment option that is safer than many traditional investments, such as stocks and commodities. Of course, you should remember that even when you play it fully safe, cryptocurrency investment still carries an element of risk and that ultimately, you can be left behind if you don’t watch yourself in this industry. The markets are brutal...

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CD 21 Leaders Index Up 1.57% On Monero’s (XMR) Gain Of +6.8%

The CryptoDaily 21 Leaders Cryptocurrency Index improved to 50.36 from 49.58 the previous day, a 1.57% gain. The 21 Leaders Index is up 5.06% over the past 7 days and 11.68% over the past 30 days. Monero (XMR) led the Index higher with a +6.8% gain to US$ 1.83 billion as traders continued to react to news of the first Monero Conference and the asset’s move above US$ 100.00. Binance Coin (BNB) notched gains of 3.7% while Chainklink (LINK) led the losers with a 6.0% loss. The CryptoDaily Large-Cap Cryptocurrency Index fell to 33.39 on Thursday from 33.59 on Wednesday,...

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XMR: Could A Monero Hard Fork Lead To Unprofitable Mining?

Once again it seems that Monero has split through means of a hard fork to keep the ASIC miners off their back, who take over the network after a time and are seemingly disliked by the community surrounding Monero. Monero would prefer to be a CPU, at most a GPU coin, which is mined by the people who use it. In discussing Monero’s moves, Binance released a new report over the weekend.   The crypto exchange noted that there was some backlash related to permanently kicking ASIC miners off the network. For those that don’t know, here’s a quick summary...

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Monero And ZCash Delisted

Leading cryptocurrencies Monero and ZCash have allegedly been delisted from BitOasis, a Dubai based cryptocurrency exchange. Whilst this might not be the most pressing matter to many investors, reports have surfaced that state BitOasis failed to inform investors that they would be delisting these cryptocurrencies, calling to question the safety of our assets that we are trading within cryptocurrency exchanges. Yes, cryptocurrency is decentralised, but when we see news like this we really have to ask the question - who is really in control here? According to AMBCrypto: “The Dubai-based exchange received an in-principle approval [IPA] from Financial Services Regulatory...

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Privacy: ETH to Follow in XMR’s Footsteps?

The co-founder and face of Ethereum, Vitalik Buterin has expressed his interest in incorporating privacy features into Ethereum. It seems Buterin is partial to the ZK-SNARKS technology that is used in privacy coin Zcash. Even so, his senses seem to be particularly excited about any developments surrounding privacy protocols. This became more obvious when a research paper was released called, “FloodXMR: Low-cost transaction flooding attack with Monero’s bulletproof protocol.” The researchers decided to look into what they call “flooding attack with Monero’s bulletproof protocol.” So basically, this involves an attacker flooding the network with their own transactions and then getting...

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