Category: Monero News

  • XMR.to Service Shuts Down Following Multiple Monero Exchange Delistings

    XMR.to Service Shuts Down Following Multiple Monero Exchange Delistings

    Monero enthusiasts received the worst possible news today. On Reddit, r/Monero announced that the XMR.to service would stop operations. On the other hand, the official announcement also notes the fact that the shutdown is not such a terrible thing because Monero users still have plenty of amazing options when they can spend their XMR. Why…

  • Cardano Foundation Shares New Brand Guidelines

    Cardano Foundation Shares New Brand Guidelines

    A few days ago, we were revealing that the Cardano Foundation released a new video about Project Renovare. You can check it out below. Just in case you don’t know, Project Renovare is a massive refresh for the Cardano and its Foundation. It’s been another busy week! ICYMI, we released the brand video detailing Project…

  • Microsoft Threat Intelligence: Hackers Use Monero (XMR) To Attack Nation States

    Microsoft Threat Intelligence: Hackers Use Monero (XMR) To Attack Nation States

    Here’s Monero making headlines again- the privacy coin is used as a weapon by hackers, according to the latest reports. The Microsoft Threat Intelligence Center (MSTIC) reportedly revealed that a nation-state hacker group is using crypto-mining malware and other advanced tools in order to cover up nefarious attacks. BISMUTH hacker group The group which is…

  • Financial Giant SBI Tests XRP In $6.6 Trillion Foreign Exchange Market

    Financial Giant SBI Tests XRP In $6.6 Trillion Foreign Exchange Market

    Ripple and XRP have been making a lot of headlines recently due to all kinds of achievements and the firm’s massive efforts to boost the whole XRP ecosystem. Ripple is also pushing for the mass adoption of the digital asset XRP. Testing the use of XRP in the foreign exchange market Now, it’s been revealed…

  • Monero Surpasses Litecoin and Bitcoin Cash as Payment Solution

    Monero Surpasses Litecoin and Bitcoin Cash as Payment Solution

    ​The total fees on Monero have exceeded that of Bitcoin Cash in April and Litecoin at the end of September of this year. The transaction costs for the next renowned privacy-based cryptocurrency Zcash is less than five percent of XMR – this is a pointer of XMR’s steady network usage in comparison to BCH and…

  • Monero (XMR) Set for a Network Upgrade in the Coming Months

    Monero (XMR) Set for a Network Upgrade in the Coming Months

    It is rather crucial to know the reason behind the creation of technologies like Monero (XMR). To put it into the crypto expert Sydney Ifergan’s words, ‘decentralization and privacy are important, and that is why people need Monero (XMR) and similar privacy cryptos.’ The concept of anyone being able to carry out transactions on the…

  • Vitalik Buterin refers to Mining on Mobile Phones as a “Fool´s Game”

    Vitalik Buterin refers to Mining on Mobile Phones as a “Fool´s Game”

    Few days ago, Ethereum Co Founder, Vitalik Buterin, tweeted that Mining on Mobile Phones “is a fool’s game”. Following the announcement made by HTC to allow its users to mine Monero through Exodus 1, Blockchain Phone. He also added to his statement that “goes against everything we know about hardware economics of scale and more…

  • HTC Makes Crypto Mining Accessible To The People

    HTC Makes Crypto Mining Accessible To The People

    The mainstream crypto adoption was en essential goal that the crypto industry had set back in 2019, and there have been a lot of moves made in this direction last year. In 2020, things continue in the same way, despite the global crisis that’s been triggered by the coronavirus pandemic. Now, HTC made a recent…

  • Atomic swaps are the silver bullet to KYC/AML and what you need to know

    Atomic swaps are the silver bullet to KYC/AML and what you need to know

    The crypto-world is buzzing with the news of atomic swaps. Atomic swaps are heralded to be the silver bullet to end KYC/AML in crypto trading as they will enable people to directly trade with each other, wallet-to-wallet. So let’s take a look at atomic swaps in more detail and how they could change the crypto…

  • Top reasons why you should be using Monero over Bitcoin

    Top reasons why you should be using Monero over Bitcoin

    In recent years, cryptocurrencies have shot to favour with many that frequent the internet. This is because they’re fast and inexpensive and allow for the transfer of small amounts of money to anywhere in the world, from anywhere in the world. However, due to such rising popularity, this also means that more and more new…