Monero (XMR) Finds Support – XMR Is Heading To The $95 Level

Monero has been having some pretty great days, and XMR was able to surpass Tron (TRX), Cardano (ADA) and Stellar (XLM).

XMR is placed on the tenth position on CoinMarketCap, and the privacy-coin is currently trading in the green.

XMR is priced at $94.12 USD, and more expert voices are saying that XMR will hit $95 quick.

As OurBitcoinNews notes, XMR is one of the only few coins amongst the top ones which has been displaying bullish pressure these days.

Monero DEFCON 27 event

These days, the Monero community is enjoying an important event as we reported a while ago.

The DEFCON 27 is a prestigious event which brings together ethical hackers from across the whole world.

We suggest that you check out the latest updates of Monero Village via Twitter.

The event lasts until tomorrow, and you can check the schedule on the official website.

Monero hack program

The leading cybersecurity firm Carbon Black revealed yesterday that there’s a new component that’s used in combination with the 2018 Monero crypto-mining botnet by hackers for metadata seizure.

Coinfomania said that the malware attack coming from theming hackers, which “constitute the well-known crypto mining botnet and the new metadata collecting software is classified as “Access Mining.”

The report has also revealed that the hackers have been employing new tactics in order to breach into system database to access and capture private info such as usernames, IPs and passwords as well.

The online publication mentioned above notes that according to this report, “about 500,000 computers were affected by the Monero crypto-jacking mining protocol, XMRig, which collected 8,900 Monero, with most of the victims residing in Eastern Europe, Russia, and the Asian Pacific.”

In terms of pricing, the XMR-related predictions are positive and experts are claiming that XMR is definitely on its way to $100 soon.

Stay tuned for more Monero-related news.


Companies Mentioned

CoinMarketCap
CoinMarketCap

CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.

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Andreas Townsend Author

I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.

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