This is especially true given that Monero, a well-known privacy-focused cryptocurrency, just had a powerful market run up its value by over $1.5 billion in a day. Thanks to the surge, the price reached $329, marking a yearly high since 2021. In fact, within the first 24 hours, it had...
A retired American, 77, has become the target of one of the record Bitcoin heists worth $330.7 million US dollars. The attacker used sophisticated social engineering techniques to infiltrate the victim’s cryptocurrency wallet. On April 30, onchain investigator ZachXBT u605 via Twitter reported a whopper. It’s currently the fifth-largest crypto...
Blockstream Wallet is a simple cryptocurrency app developed by Blockstream. As a non-custodial solution, it enables users to conveniently manage their crypto assets and obtain complete control over their funds. Released in 2019 as Blockstream Green, its ancestor is GreenAddress Wallet, which launched in 2016. Compatible with over 60 blockchains,...
Monero (XMR), a leading cryptocurrency that focuses heavily on privacy, saw its price explode over the weekend, peaking at $317 on Sunday. A suspected widespread cyberattack on government institutions drove this increase. Roughly $330 million worth of Bitcoin was exchanged for Monero. The event stands as the largest single-day movement...
A mysterious, large-scale Bitcoin transfer, first flagged by on-chain analyst ZachXBT, is reportedly behind the price of Monero (XMR) skyrocketing. The transfer of 3,520 Bitcoin was valued at an estimated $330.7 million. The thieves turned the stolen Bitcoin into Monero. This action made Monero’s price jump up by 50% in...
A very peculiar transaction of more than 3,520 BTC – $330.7 million at current rates – was moved. This shift into the much more privacy-oriented coin Monero (XMR) has inspired some speculation that the hacker may be using derivatives to increase their profits. The conversion is probably due to a...
Know Your Customer (KYC) regulations have become a hot button topic in the ever-growing landscape of cryptocurrency. Digital currencies are rapidly growing in acceptance. As that has developed, we have to stop bad actors from doing illegal things, which has led to enhanced monitoring and more stringent compliance requirements. Financial...
Meanwhile, the cryptocurrency market is abuzz with AI-related meme coins. $MIND is quickly proving to be a formidable frontrunner. Interestingly, this positive news comes alongside a renewed surge of optimism for the future of XRP, which has recently been showing signs of a breakout. Investors have their eyes glued to...
Investors have been closely watching the crypto landscape, with a number of stocks attracting impressive interest. These companies dominate in areas such as brokerage services, cryptocurrency mining and technology. They illustrate the various, innovative ways that businesses are looking to or already engaging with this new, digital asset space. With...