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Monero

A collection of 11 posts

Monero Network Suffers 51% Attack Led by Qubic Mining Pool

Monero Network Suffers 51% Attack Led by Qubic Mining Pool

The Monero blockchain, known for its strong privacy features since launching in 2014, is facing a significant security challenge as the Qubic mining pool has executed a successful 51% attack. This development allows the attackers to control the majority of the network’s hashrate, giving them the power to reorganize

Qubic’s 51% Attack Threatens Monero’s Privacy and Decentralization

Qubic’s 51% Attack Threatens Monero’s Privacy and Decentralization

Monero, a cornerstone of privacy-focused cryptocurrencies, faces a novel and alarming challenge as Qubic, a mining pool spearheaded by Sergey Ivancheglo, launches what many in the crypto community describe as an economic attack. Unlike traditional attacks that exploit software vulnerabilities, this campaign leverages financial incentives to lure miners away from

$330 Million Bitcoin Heist Sparks Monero Price Surge in Crypto Laundering Scheme

$330 Million Bitcoin Heist Sparks Monero Price Surge in Crypto Laundering Scheme

A staggering transfer of approximately 3,520 Bitcoin, valued at roughly $330.7 million, has raised a lot of eyebrows with onchain investigator ZachXBT labeling the transaction as a potential theft and is linked to Monero. The suspicious movement of funds, which occurred on Sunday, has not only raised alarms

Why Privacy Could Define the Future of Cryptocurrency

Why Privacy Could Define the Future of Cryptocurrency

The crypto landscape is evolving, and a compelling case is emerging for privacy to take center stage. In a recent YouTube video titled “Why the Future of Crypto Is Private,” the speaker dives deep into the transparency of today’s dominant blockchains like Bitcoin and Ethereum, arguing that their public

How Cybercriminals Are Blackmailing YouTube Influencers to Spread Crypto Mining Malware

How Cybercriminals Are Blackmailing YouTube Influencers to Spread Crypto Mining Malware

In a troubling new trend, cybercriminals are targeting YouTube creators, coercing them into embedding malicious crypto mining malware in their videos. According to a recent investigation by cybersecurity firm Kaspersky, hackers are exploiting the growing popularity of Windows Packet Divert drivers in Russia. These drivers, designed to help internet users

Monero Privacy Faces New Threat with MAP Decoder Attack - Here’s What You Need to Know

Monero Privacy Faces New Threat with MAP Decoder Attack - Here’s What You Need to Know

A new vulnerability in Monero, one of the leading privacy-focused coins, has come to light. Initially dubbed the "Rucknium Ratio Attack," it’s now known as the Maximum A Posteriori (MAP) Decoder attack. The proposed solution, called OSPEAD, aims to address this issue, but the revelation has sparked

US Treasury Targets Bitcoin and Monero Addresses Linked to Nemesis Marketplace

US Treasury Targets Bitcoin and Monero Addresses Linked to Nemesis Marketplace

Today the U.S. Treasury Department has imposed sanctions on nearly 50 cryptocurrency addresses tied to the now-defunct Nemesis darknet marketplace. The action targets 44 Bitcoin and 5 Monero addresses allegedly controlled by Iranian national Behrouz Parsarad, identified as the administrator of the darknet marketplace platform. The Treasury’s Office

Tornado Cash Ruling Sparks Potential Surge in Privacy Coin Market

Tornado Cash Ruling Sparks Potential Surge in Privacy Coin Market

The recent US court decision to overturn sanctions against Tornado Cash has injected a fresh wave of optimism into the market for privacy-focused cryptocurrencies. This pivotal ruling, could bring in a new era of growth and acceptance for privacy coins like Monero and Zano, which have been under regulatory scrutiny

Zano Lead Developers Speak About Privacy Revolution at Monerotopia

Zano Lead Developers Speak About Privacy Revolution at Monerotopia

In the digital age, privacy has become a luxury, especially within the realm of cryptocurrency where every transaction can potentially be tracked. However, the Zano privacy project aims to change that. At Monerotopia 2024, Danny from The Crypto Show sat down with Zano's lead developers, Andrey Sabelnikov and

BTCTKVR: Privacy Magazine Makes Crypto Cypherpunk Again

BTCTKVR: Privacy Magazine Makes Crypto Cypherpunk Again

World wide web — As cryptocurrency adoption grows, the cypherpunk spirit appears to be fading. The crypto anarchists who started it all often find themselves outnumbered and have their voices drowned out by misguided speculators who are more than willing to surrender their privacy and sovereignty in exchange for some price

The Vital Role of Privacy in Blockchain Technology

The Vital Role of Privacy in Blockchain Technology

In the realm of public blockchains, privacy has become a cornerstone for safeguarding user autonomy against what some call "blockchain vultures" — entities that exploit the transparency inherent in blockchain systems. These vultures, from hackers to data analysts, can delve into public ledgers to extract sensitive information about users&