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Monero (XMR) Might Still End The Year Above $500

Chart for XMR/USD (1W) Monero (XMR) currently trades around $107 and is probably one of the safest bets in the market right now. The price has been following a three driver’s pattern, trading in a diverging bullish channel. It has currently reached the bottom of the channel and will likely return with bullish momentum for the long haul that could drive its price all the way to $500 or higher before the end of the year. Apart from the technicals, its fundamentals look great as well. Monero (XMR) transactions are currently cheaper than that of both Bitcoin (BTC) and Litecoin...

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How Monero Are Improving Human Rights With XMR

 Listen Here - https://soundcloud.com/cryptodaily/how-monero-are-improving-human-rights-with-xmr Monero is considered to be the privacy coin, the currency of choice for absolute privacy. Now, privacy doesn’t necessarily mean security and we should remember that 2018 has seen a tonne of ‘Monero mining’ hacks, calling into question some of the projects integrity. Even so though, Monero promises to keep its users privacy completely intact. Simply put, XMR aims to keep it’s users hidden. According to the Monero website, this occurs via 5 different processes, by being untraceable, unlinkable, secure, private and analysis resistant. Untraceable “Unlike most of the digital coins, Monero uses a special technology...

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Monero Volunteers Fight Back Against PC Mining Hijackers

The Monero (XMR) community has launched the Malware Response Workgroup website that aims to inform people about the dangers of cryptocurrency mining malware, as well as, best practices to remove such scripts and avoid the growing scam in the first place. The group of volunteers will publish information that will help users avoid crypto-jacking, as well as, provide live support. "We will not be able to eliminate malicious mining, but we hope to provide necessary education for people to better understand Monero, what mining is, and how to remove malware," according to Sept. 26 blog by Justin Ehrenhofer. Mining malware...

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The Monero Burning Bug Has Impacted Electroneum Too

Yesterday we published a video about Monero and the truth behind the ‘burning bug’, a bug within the Monero network that existed as a result of Monero’s automatic coin burning process. To recap: “The burning bug is a bug that could have allowed hackers to drain Monero XMR assets from any exchange or wallet, at a very low cost. This all comes down to the fact that Monero can ‘burn’ XMR on the network, in the same way Bitcoin and Ethereum can. Burns can occur when the Monero blockchain detects transactions between identical stealth addresses, it assumes these are illegitimate...

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Monero XMR, The Truth Behind The Burning Bug

 Monero, the project behind XMR and the privacy coin that isn’t shy of controversy. Monero has always been especially susceptible to mining related hacks and illicit cryptocurrency mining, however, the burning bug within the Monero network takes these surfaces hacks to a new level. It transpires that now, as a result of the burning bug, the entire XMR network could have crashed down in an instant. Over the past two months, the so called ‘Burning Bug’ has surfaced twice, calling the integrity of the Monero network to question. In order to understand the scale of this, we first of...

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