Monero News (XMR) - Page 4

Monero's Hashrate Plunges 80% After Asics Hardfork
An incredible 80% of Monero?s computing power has almost instantly vanished after they performed an emergency hardfork to change their Proof of Work (PoW) in order to prevent asics mining. That hardfork has now been implemented and the results are a drop from 1,030 Mh/s to around 157 Mh, before a slight recovery at the time of writing to 270 Mh/s. The currency now appears to have returned back to the computing power it had in around November/December 2017. It?s price then stood at around $100, before it spiked to new highs of $460. Likewise, its hashrate spiked too, but while price crashed down to now around $170, the hasharete remained the same until the PoW hardfork plunged it down by 80%.
January 08, 2019 8:29 PM

Monero News Archives | Oracle Times
Wilsons Auctions is one of the Northern Ireland?s most important independent auction companies in the UK. They have organized a public sell-off of Monero (XMR) tokens which have been previously seized by the British law enforcement agencies. This auction began yesterday. The bid is basically an online event, and the crypto enthusiasts who are taking ? Continue reading ?Crypto Live Online Auction Organized A Public Sell-Off Of Monero (XMR) ? Huobi Global leading digital asset exchange has a strong global presence with its operations established worldwide. The platform offers a secure and reliable service to users across 130+ countries. This was reportedly the very first exchange that launched 24/7 customer service and created an investor protection fund. As a pioneer of the crypto industry, the ? Continue reading ?Monero News: Huobi Global Introduces XMR/USDT Trading Pair Following The Latest Monero Update?
January 08, 2019 8:09 PM

Monero vs
Transaction tracking causes concern among crypto holders and investors because they mostly believe that transactions should be confidential. There are a lot of cryptos that are working to solve this issue, and they include Monero and Bitcoin Private. Monero was created back in 2014, and it was developed as an alternative to Bitcoin which is known to have anonymity related issues. Monero is the largest anonymous crypto by market cap and community activist in Reddit and more social platforms. The coin basically brought the whole idea of creating a confidential cryptocurrency to a higher level. Its rival, Bitcoin Private (BTCP) is a branch from the blockers ZClassic and Bitcoin. It?s competing with Monero in the market of protected digital currencies and we?ll analyze a few battlefields for the two coins to see which one is the winner in user base, technology, and community.
January 08, 2019 8:06 PM

Monero Could Be The Coin That Satoshi Visualized Due To Its Privacy-Related Features | Oracle Times
Nakamoto Satoshi is the Bitcoin inventor, and he would be (or is) impressed with the concept that Monero brought to the crypto space. The reason is that the token comes exceptionally close to the whole concept behind Bitcoin. Satoshi envisioned a world in which financial transactions would be anonymous and safe, and this is entirely different from what most pioneer coins such as Bitcoin, Ethereum, and Litecoin have become. These coins are at best pseudonymous mainly because developers want to comply with regulations of existing authorities which is against Satoshi?s dream. Banks and more financial institutions are usually sharing personal data with the other banks, regulators and state authorities without having the consent of their customers.
January 08, 2019 8:03 PM

Monero (XMR) Remains The Best Privacy Coin In The Market, Despite Its Recent Problems | Oracle Times
Online privacy has always been a crucial factor in our security. Now it?s more important than ever as we frequently use the Internet for financial services, online shopping, and so on. And the problem is the cybercriminals who can easily hack systems and put their hand on sensitive information. That?s where decentralized privacy coins came into the game offering anonymity and security. Monero (XMR) not only one of them but it is the best privacy coin in the market, despite its recent problems. Launched in April 2014, Monero (XMR) evolved fast in one of the most appreciated and popular cryptocurrencies, not much because of its technology, price, or investment opportunity, but thanks to its entire decentralized and private nature.
January 08, 2019 8:03 PM

Monero Transactions Size Is Reduced And Fees Reportedly Drop By 97% After XMR Becomes Bulletproof | Oracle Times
Last week marked a significant milestone for Monero as the popular blockchain saw its successful upgrade to v, known as Beryllium Bullet. The upgrade fixed a lot of tech issues, but the fundamental changes that have a high impact on regular users are regarding storage space and costs. Leaving the technical details aside because we?ve already covered those, ahead of the update, the bottom line is that this last improvement protocol allows for a massive reduction in fees for Monero users. There have already been reports claiming that transaction fees could fall by 80% for the simplest form of bulletproof-enabled transaction.
January 08, 2019 8:03 PM

Crypto Market News: XRP Whale Movement And Monero Price Drop; Bitcoin Reddit Traffic Rises | Oracle Times
The cryptosphere has been covered by a bearish trend for a long time now, but this didn?t stop all kinds of developments and important achievements from happening. Besides these, there?s good news and bad news. Three unexpected things have just happened, and we?ll address each and every one of them. XRP just saw a whale movement, making many people believe that the founders of the crypto are getting ready for something big. Over the past few days, there has been a lot of movement of cryptos from one wallet to another, which means massive movement around founders and whale pools. Transaction Type: Payment Amount: 4,668,132,964 XRP Fee: 12 drops (0.000012 XRP) Sender: r9kkWNia8PmpR44L7mWZn33Hpff3CCzLjA Sender Balance: 20.980988 Receiver: rDbWJ9C7uExThZYAwV8m6LsZ5YSX3sa6US Receiver Balance: 4,668,133,063.993 Link:
January 08, 2019 8:00 PM

Monero (XMR) Price Prediction For This Week Remains Bearish - Why Is The XMR Dropping | Oracle Times
Monero (XMR), as well as other significant cryptocurrencies in the market, experienced a very tough period characterized by a strong bearish sentiment. As for this week, the Monero (XMR) price trends are looking gloomy as there is a high probability of a further downtrend. XMR?s distribution regions are set at $150, $178, and $206, while the accumulation zones are at $102, $77, and $45. Monero (XMR) couldn?t break the $150 distribution level against the USD last week because of the formation of a bearish pin bar leading to a strong downtrend for the cryptocurrency. Thus, the price fell towards the $102 accumulation zone.
January 08, 2019 7:58 PM

Monero News: Moneroworld Premium Beta Is A Work In Progress Following The Monerujo Android Mobile App Update | Oracle Times
Moneromooo user coded up a system in which a public remote node user is able to pay the node operator for services with hashes. Everything is detailed on Reddit where we also learn that we can build up the Monero infrastructure and chip away at mining pool centralization. If you want to run you own premium code, you will need ?to compile the share-rpc branch from moneromooo?s repo. NOTE ? this converts your blockchain to V3, and you can?t use the current release software anymore. Conversion can take a while. If you run and offer your own premium node, bind to 18090 (or anything other than 18081 or 18089) ? we don?t want the existing public remote node users encountering this system before they are ready,? according to the post on Reddit.
January 08, 2019 7:57 PM

Monero (XMR) To Reach $18,000 and Bitcoin (BTC) To Surpass $96,000, According To Satis Group | Oracle Times
While earlier this year the ICO advisory service and research firm Satis Group pointed out that more than 80% of all ICOs could be scams, now Satis Group came up with its predictions regarding the future of cryptocurrencies. Accordingly, the Satis Group believes that Monero (XMR) will reach $18,000 and Bitcoin (BTC) to surpass $96,000. More specifically, both Monero (XMR) and Bitcoin (BTC) will be the major gainer in five years from now. The XMR will reach $18,498, and the BTC will hit $96,378 by the end of 2023. On the other hand, the firm also forecasted that XRP (XRP) would drop by 97% to $0.01, while Cardano (ADA) would also register massive losses to $0.001.
January 08, 2019 7:56 PM

Monero (XMR) Shows Amazing Development Results Especially Involving The Monerujo Android Mobile App | Oracle Times
One of the most important announcements regarding Monero was a recent Monerujo app update. The open source mobile application which allows users to create and manage XMR wallets saw the 1.6.3 version of its protocol released a few days ago. In this new update, Monerujo team announced that it introduced a few significant changes from the previous version. Here they are: After this update and the useful features that it brought, users will be able to create a Monero wallet on desktop GUI 0.12.3 using a Ledger Nano's and then they will also be able to use the Monerujo app (via a USB-OTG cable pot micro-to-micro/micro-to-USB-c cable in order to connect and manage the wallets via phone.
January 08, 2019 7:53 PM

Bisq Handled 5% Of All Monero Trading Volume, Says Data From CoinMarketCap - Bisq & Monero Have The Same Privacy-Related Focus | Oracle Times
Bisq is an open-source desktop application that all0ows users to trade Bitcoin in exchange for national currencies and also alternative cryptos. The best features that characterize Bisq are that it?s instantly accessible, and there is no need for registration or approval from a central authority. Also, the platform is decentralized which means that there is no single point of failure and the system is peer-to-peer, and it cannot be censored or stopped. Bisq is also safe, private, secure, open and straightforward to manage funds. Basically, every aspect of the project is transparent and the code is also open-source.
January 08, 2019 7:52 PM

Bittrex And Binance Cut Monero Withdrawal Fees After Bulletproofs Go Live In The Latest Update | Oracle Times
The Monero community has never been more excited. The latest update was a complete success for Monero, and now leading crypto exchanges in the world are lowering withdrawal fees for the privacy coin. Transaction fees are much lower now that XMR has added Bulletproofs to their network. Bulletproofs was implemented a few days ago and triggered lower transaction fees on the Monero network. These have always been an essential problem in the crypto community, and the issue was more acute with Monero. The coin?s privacy features make transactions bulky, and users sometimes have to pay hefty fees in order to take their crypto off an exchange. But this is all history.
January 08, 2019 7:49 PM

Monero (XMR) Price - Short-Term and Long-Term Predictions | Oracle Times
While Monero (XMR) suffered some significant drops recently, XMR is still one of the strongest cryptocurrencies on the market. Now, with supply zones at $150.00, $160.00, and $170.00 and demand zones at $100.00, $90.00, and $80.00, Monero (XMR) price is still ranging in the medium-term outlook. However, the situation is different when it comes to short-term and long-term predictions for the XMR cryptocurrency. Let?s see how Monero (XMR) is predicted to behave. As Monero (XMR) is the best privacy coin out there, the cryptocurrency community is quite involved in this project. However, this doesn?t the Monero (XMR) price is stable. On the contrary, yesterday, the stochastic oscillator of the forecasts pushed the bears into the XMR market. That caused the XMR drop to $119, while, at the moment of this writing, Monero (XMR) plummeted further to $106.
January 08, 2019 7:49 PM

Monero (XMR) Deposits and Withdrawals Re-Opened Today On Bithumb Crypto Exchange Platform | Oracle Times
After the hacking it went through in June, Bithumb, a leading crypto exchange platform in South Korea, announced a week ago its intentions to resume Monero (XMR) deposits and withdrawals, along with other cryptocurrencies operations. However, that just happened today, at 6 AM UTC (3 PM KST), as the Bithumb representatives announced. ?As the market prices of the following two cryptocurrencies, Monaco (MCO) and Monero (XMR) are getting stabilized with the prices differ less than 10%, we will reopen deposits/withdrawals services for them on August 14th (Tuesday), 2018, at 3:00 pm KST,? the crypto exchange platform announced in a blog article.
January 08, 2019 7:47 PM

Monero (XMR), Ethereum (ETH), And Other Cryptos Stolen By Hacked MEGA Extension For Google Chrome | Oracle Times
An extension for Google Chrome, the renowned Internet browser, using the popular MEGA file-sharing app got hacked a few days ago and leaked private keys, usernames, and passwords of hundreds of cryptocurrencies holders. During this cyber attack, the hackers managed to steal Monero (XMR) and Ethereum (ETH), among others. A Reddit user going by the name of Gattacus reported on Tuesday, on the Monero (XMR) subreddit, that XMR holders must avoid v3.39.4 of the MEGA extension for Chrome because it might be hacked. He found that out after updating to the new version which asked him to allow the app to ?read data on all websites,? fact which aroused some suspicions.
January 08, 2019 7:46 PM

Monero (XMR) To Be Listed On Coinbase Custody, Along With XRP (XRP) And DASH | Oracle Times
Coinbase Custody is a regulated SEC-registered broker-dealer and FINRA member developed in partnership with Ethereum Classic (ETC) that pairs the Coinbase?s cryptocurrency exchange platform with the ETC for trading securities and crypto tokens. While Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), and Ethereum Classic (ETC) are already available on Coinbase Custody, the company announced its plans on adding support for Monero (XMR), as well as for XRP (XRP) and Dash (DASH). Accordingly, Coinbase plans on adding more ERC20 tokens to its Custody platform. We?re excited to announce our intention to support the Ethereum ERC20 technical standard for Coinbase in the coming months. This paves the way for supporting ERC20 assets across Coinbase products in the future, though we aren?t announcing support for any specific assets or features at this time. We are announcing this both internally and to the public as consistent with our process for adding new assets.
January 08, 2019 7:45 PM

Monero (XMR) Deposits And Withdrawals Resumed On Bithumb Cryptocurrency Exchange | Oracle Times
After the cyber attack that affected Bithumb cryptocurrency exchange platform in mid-June, causing losses of about $31 million, the crypto trading company announced that Monero (XMR) deposits and withdrawals resumed on Bithumb. Bithumb is a South Korea-based cryptocurrency exchange platform and is one of the leading trading platforms in the country and the world, as well. However, the platform got hacked in mid-June, an event that forced it shut down its operations on June 19th. Luckily, Bithumb addressed all the security issues and announced a week ago that all the deposit, withdraw, and trading activities on the cryptocurrency exchange platform would resume on August 4th. Even more, since the cessation of its operations, the company recovered and refunded half of the stolen cryptos.
January 08, 2019 7:44 PM

Komodo - Privacy from Zec and Monero plus Atomic Swaps from Litecoin | Oracle Times
BarterDEX is coming. You can take a look at it, test it out and even make swaps using real currency. While known as working to bring a platform to launch decentralized ICOs like Monaize, the real value in Komodo might be the secure decentralized marketplace for other crypto currencies to trade peer-to-peer. Crypto currencies are known to be wrought with fraud, lost coins and hacked accounts making new adopters hesitant to get into the new crypto economy. The most famous hack came from Mt. Gox when the world?s largest Bitcoin Exchange crumbled losing $400 million in Bitcoin which would be worth $16 billion today. All told 850,000 Bitcoins were involved as the trading platform went bankrupt and closed shop. More recently one of the largest mining platforms, NiceHash, was hacked with $56 million in Bitcoins being moved to an anonymous wallet. Thousands were affects with many losing months of mining profits.
January 08, 2019 7:43 PM

Monero - Privacy and Anonymity on the Blockchain | CryptoSlate
Fittingly, the exact origin story behind Monero is still somewhat mysterious. Like digital cash, it?s untraceable as it changes hands. The concept behind Monero was first published by Nicolas van Saberhagen. This name was later proven to be a pseudonym and can refer to either an individual creator or developing team. While Nicolas van Saberhagen came up with the idea behind the cryptocurrency, it was coded by a user simply known by their online pseudonym ?thankful_for_today?. Monero was initially called Bitmonero, taking the ?monero? part from Esperanto, where the term means coin. However, after a hard fork in 2014, the cryptocurrency evolved into the Monero that we know today.
January 08, 2019 6:43 PM

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