The cryptocurrency world recently witnessed a dramatic event: a significant surge in the price of Monero (XMR). This development was not the result of usual market dynamics or other good tidings. Rather, it comes from a recently revealed enormous laundering scheme related to the very largest Bitcoin hack in history....
The recent surge in Monero's price, fueled by a hacker converting a massive amount of Bitcoin, isn't just a blip on the crypto radar. It’s a wail of a growing demand for online privacy in an age when every move, every purchase, is being tracked and surveilled more than ever....
This cat-and-mouse game in the digital world never ends. The problem is, law enforcement is learning how to trace Bitcoin, and the bad actors, surprise surprise, adapt. You would be forgiven for assuming that Bitcoin—the very first, still largest, and most successful cryptocurrency—would keep its crown, even buried in the...
Monero— the cryptocurrency most famous for the strength of its privacy technology— has been skyrocketing in recent weeks. Consequently, its market capitalization soared to the amazing $1.5 billion! This increase has sparked a debate: Is Bitcoin's inherent traceability driving users towards more privacy-focused alternatives like Monero? Several factors are contributing...
Alright crypto cowboys and cowgirls, time to get down to brass tacks. Just a few months ago we witnessed the huge $330 million Bitcoin heist, remember? And then, boom, Monero's price explodes. Coincidence? I think not. This isn’t merely a recent price spike. A regulatory confrontation is emerging between the...
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...
The debate over Know Your Customer (KYC) in the crypto space is a tangled one. It juxtaposes the need for safety and regulatory adherence against the fundamentals of privacy and decentralization that underlie Web3. For many crypto enthusiasts, these principles are nearly sacred. With BlockchainShock, our goal is to help...
KYC of course is widely touted in crypto as the cure to fraud and money laundering. The harsh reality is it’s usually not adequate, and at times it actually exacerbates the problem. We're essentially applying a band-aid to a gaping wound and pretending we've solved the problem. Imagine it like...
In response to the rapidly-changing digital landscape, the cryptocurrency privacy debate has continued to evolve. Monero, a privacy-first cryptocurrency, has been leading this charge for more than 10 years. This article takes a look at Monero’s road so far. It highlights its technological innovations surrounding privacy, looks at the growing...
Monero just celebrated its 11th birthday. Eleven years of winning the right to financial privacy in a world that’s become obsessed with surveillance. To be frank, those party favors weren’t exactly sweet this time around. Why? Though its features have spawned imitators, Monero remains deeply committed to the power of...
The United States Senate recently convened a hearing on the growing universe of cryptocurrency. In doing so, they highlighted the desperate need for regulation in this emerging frontier. Here are some of the most important highlights that emerged through the conversations. They each noted the challenges, opportunities, and possible future...
The market of cryptocurrency day trading is a whirlwind, chaotic and always on the move. Quick reflexes, and even quicker algorithms. Thanks to new, advanced AI tools such as ChatGPT and Grok, traders are experiencing the most powerful insight and automation they’ve ever seen. Kwame Nkosi, a blockchain commentator, balances...
Let’s face it, the crypto community can’t resist an exciting hype train. Right now, the AI-powered trading locomotive is barreling down the tracks, with Grok and ChatGPT as its star conductors. Well before you decide to mortgage your home and give Uber all your assets, let’s slow down a moment...
You know, sometimes I feel like I'm watching a rerun of an old movie, only this time, it's playing out in the halls of Congress. The Senate Banking Committee’s recent hearing on the need for comprehensive crypto regulation. It was a bit like a Broadway show. Rather than earnestly seeking...
The recent Senate Banking Committee hearing on regulating the crypto space? If I’m being truthful, it was more like seeing a train wreck go down in slow motion. While senators debated the nuances of defining a digital asset – is it a security, a commodity, or something else entirely? –...
Forget about Wall Street, the exciting disruptor in crypto day trading is cooking up in the crowded streets of Southeast Asia. I'm not talking about hedge fund managers with Bloomberg terminals; I'm talking about the everyday person – the small business owner in Jakarta, the student in Kuala Lumpur, the...
The Senate Banking Committee met recently to discuss the rapidly growing, but highly confusing, world of crypto regulation. This upcoming meeting could not be more important at this moment in history. American consumers are losing billions to crypto scams as well, and the U.S. is lagging other countries in establishing...
You think you know stablecoins. Tether, USDC – the usual suspects. Big market caps, widespread adoption. Comforting, right? Wrong. As all eyes are on these titans, a more quiet revolution is in the making. Looking forward to seeing you there! This lack of attention is robbing you of big future...