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Monero (XMR) Might Soon Be The Next Big Thing As Spotlight Turns From Blockchain To Privacy

Chart for XMR/USD (1W) Monero (XMR) is almost as old as Bitcoin (BTC) but this project failed to receive the attention it deserved during the early days. This is because blockchain became so hot an industry that everything else faded away in comparison. A lot of cryptocurrencies came into existence that had no use case other than being just a blockchain and still succeeded in raising millions of dollars through ICOs. Projects like Monero (XMR) with actual use cases applicable not just to the blockchain but outside the blockchain industry have recently started to gain attention as more and more...

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Monero, Ethereum And More Stolen From Hacked MEGA Extension

A Chrome browser extension used in conjunction with MEGA, a popular file-sharing platform, was recently hacked and used to steal private keys, usernames and passwords from users, allowing hackers to steal Ethereum, Monero and more. At approximately 11:30 EST last Tuesday, a Reddit user (gattacus) posted an alert within the Monero subreddit, cautioning users to avoid using v3.39.4 of the MEGA extension for Chrome because of fears it may have been hacked. Gattacus explained that there had been a recent update to the extension which had asked them for new permission to “read data on all websites”. This aroused suspicion,...

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Monero The New Top 10 Cryptocurrency, Up 45%

If you’ve been watching the markets over the past month (which you probably have, otherwise what you doing here?) you may have seen that Monero has been flying up over the past few weeks. In a falling market that has spread over a number of months now, Monero XMR is up 45% over the past two weeks alone and, has now surpassed a number of rivals sitting in 10th place for market capitalisation according to Coinmarketcap. Monero now sits behind Cardano and just above IOTA in a comfortable tenth place, with no sign of letting up. At the time of...

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Guide To Understanding Monero

There is a popular belief among people that cryptocurrencies are private and untraceable, explaining their association with illegal transactions. In truth though, this is not the case, for example with bitcoin, all transactions are recorded on a public ledger (blockchain) which allows for anyone to view and verify transactions. Monero, however, is not like bitcoin but is rather focused on untraceability. According to Monero’s website, “Monero is a secure, private, untraceable currency.” The currency uses a special cryptography to ensure privacy making all transactions untraceable. At the time of press Monero is at $89.18 with a market cap of $1,457,638,595,...

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Will Coinbase Custody List XRP As Well As XMR And DASH?

First of all, what is Coinbase Custody? Check it out for yourself - https://custody.coinbase.com/ According to the website, Coinbase Custody is: “Custody through a regulated, institutional broker-dealer. In partnership with ETC, a SEC-registered broker-dealer and FINRA member, Coinbase Custody is proud to offer a service that couples Coinbase crypto asset security excellence with broker-dealer financial reporting expertise.” The essence of this is that Coinbase Custody pairs a cryptocurrency exchange platform (Coinbase) to ETC, a platform for the trade of securities and other tokens. As it stands, Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ethereum Classic are all available through Coinbase Custody,...

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