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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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Monero Have A Dedicated Research Team That Need Your Help

Whilst Monero is a decentralised cryptocurrency with no central control, there is a community led Monero research lab who have taken it upon themselves to improve the Monero network through carrying out extensive research and through implementing various upgrades etc. Monero Research Lab are currently focusing some of their efforts on further research into Monero’s multi-sig wallets, one of the unique features of the Monero network that make it technically one of the most secure crypto projects going. Within multi-sig wallets, transactions require more than one key in order to send transactions, therefore, this is something that the team behind...

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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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