Monero

In the midst of a booming bull market, investors are eagerly seeking the next big opportunity to capitalize on the surging cryptocurrency landscape. Among the many options, three standout cryptocurrencies have emerged as top contenders: Cardano, Monero, and the innovative newcomer, Scorpion Casino. Let’s delve into the strengths of each and how they position themselves to thrive in the bullish market, with a special spotlight on Scorpion Casino’s unique approach to crypto presales. Scorpion Casino: The Rising Star Amidst the…

Bitcoin (BTC) has once again captured the attention of investors as it inches closer to the $71,000 price level. In early March, the whole crypto community was disrupted as BTC reached a new all-time high of $68,000 proving yet again to be the best cryptocurrency in the crypto market. In other news, there is a newcomer that has been blazing incredible trails, Borroe Finance ($ROE). This AI crypto is taking on new defi projects and even established altcoins like Monero,…

One of the top crypto games, Super Sushi Samurai (SSS), was recently targeted by a hacker who managed to pilfer over $4.6 million in tokens from the network. Super Sushi Samurai is built on Blast, a layer-2 network.  The hack led to a significant decline in the value of SS, and it dropped by more than 99% according to the blockchain security firm CertiK. The liquidity pool used for decentralized finance services on the ecosystem was drained by the hacker…

Industry experts believe that the reported investigation into the Ethereum (ETH) Foundation could be a component of a larger plot to degrade Ether. This could affect the US Securities and Exchange Commission’s (SEC) decision to approve or postpone spot Ether exchange-traded funds (ETFs). While most industry experts agree that regulatory considerations will stall approvals in the near term, there is general agreement that US spot Ether ETFs are on the horizon.  On the other hand, elite investors are becoming interested…

Despite the recent bull run that has seen many digital currencies soar to new heights, Litecoin (LTC) and Monero (XMR) have remained relatively stagnant.  This lack of significant price movement has left investors searching for more lucrative opportunities, leading many to turn their attention to the emerging project, Algotech (ALGT), especially as it enters its presale phase. Litecoin's Underwhelming Performance Amid Crypto Bull Run Over the past year, while many cryptocurrencies have seen their prices go up a lot, Litecoin(LTC)…

Monero (XMR) faces the risk of a majority attack shortly. Despite being a reputable alternative to altcoins for incognito transactions, the privacy coin could soon compromise its integrity. In light of recent efforts to kick out ASIC miners, new metrics continue to expose the susceptibility of Monero’s blockchain to a 51% takeover. A majority attack means a user (or a group of users) has pooled resources to usurp a blockchain by possessing more than 50% of its computing power.  Miners…

A “significant” bug has been spotted in the privacy-centric cryptocurrency monero (XMR). Monero developers have discovered a bug in the coin’s privacy algorithms that could potentially expose users’ actual transactions. XMR is open-source and privacy-oriented with worthless coins, dubbed “mixins” with the actual coins during a transaction. Unfortunately, the privacy advantage is now at risk. According to a Twitter post, the bug occurs when a user spends their funds received in a transaction before roughly 20 minutes elapse. Mitigating the…

Gemini CEO and cryptocurrency billionaire Tyler Winklevoss recently highlighted some similarities between some cryptocurrency projects and their centralized counterparts. According to him, Ethereum and Filecoin are the cryptocurrencies most likely to be used on a large scale. Tyler Winklevoss compares Ether and Filecoin to Amazon The Gemini exchange boss is known for his pro-cryptocurrencies statements on social media. In a series of tweets yesterday, Winklevoss highlighted some crypto projects that he believes will last the test of time. According to him,…

Binance Korea, a Binance platform specifically dedicated to South Korean residents, will end operations next month. A closure that comes only 9 months after the launch of the platform. Binance Leaves The  South Korean Market Binance Korea, made the announcement in a press release today. Registrations and deposits of funds are already closed, and withdrawals will be possible until January 29, 2021. The platform claimed to have difficulty operating due to lack of liquidity and low volume of transactions. Binance Korea…