Time4VPS - VPS hosting in Europe

Chemical Messiah

Cointelegraph Magazine is a new publication that goes beyond the daily news and delves much more deeply into the stories, trends, and personalities that inspire cryptocurrency and blockchain conversations around the world.

We are people-centric, delving into *why* the true believers of blockchain feel they can change the world (and why they . . . → Read More: Chemical Messiah

WGMeets

Cointelegraph Magazine is a new publication that goes beyond the daily news and delves much more deeply into the stories, trends, and personalities that inspire cryptocurrency and blockchain conversations around the world.

We are people-centric, delving into *why* the true believers of blockchain feel they can change the world (and why they . . . → Read More: WGMeets

Wild Sun Collective

Brothers Shakil and Ehsan Ahmad of Wild Sun Collective join DKleine to discuss their unique efforts to disrupt the literary publishing industry via NFT technology. Along with a new novella, a collection of creative works including 1/1 art pieces based on the Wild Sun franchise will be published as NFTs on OpenSea on . . . → Read More: Wild Sun Collective

Cat Russell

Cointelegraph Magazine is a new publication that goes beyond the daily news and delves much more deeply into the stories, trends, and personalities that inspire cryptocurrency and blockchain conversations around the world.

We are people-centric, delving into *why* the true believers of blockchain feel they can change the world (and why they . . . → Read More: Cat Russell

Sabet

Cointelegraph Magazine is a new publication that goes beyond the daily news and delves much more deeply into the stories, trends, and personalities that inspire cryptocurrency and blockchain conversations around the world.

We are people-centric, delving into *why* the true believers of blockchain feel they can change the world (and why they . . . → Read More: Sabet

It’s Digi

Cointelegraph Magazine is a new publication that goes beyond the daily news and delves much more deeply into the stories, trends, and personalities that inspire cryptocurrency and blockchain conversations around the world.

We are people-centric, delving into *why* the true believers of blockchain feel they can change the world (and why they . . . → Read More: It’s Digi

CryptoArena

Cointelegraph Magazine is a new publication that goes beyond the daily news and delves much more deeply into the stories, trends, and personalities that inspire cryptocurrency and blockchain conversations around the world.

We are people-centric, delving into *why* the true believers of blockchain feel they can change the world (and why they . . . → Read More: CryptoArena

Top 5 cryptocurrencies to watch this week: BTC, ADA, THETA, XMR, AMP

The U.S. Federal Reserve’s plans to advance its timeline for rate hikes to 2023 has led to profit-booking in the U.S. stock market, gold, and Bitcoin (BTC). The markets received a second jolt on June 18 after James Bullard, the president of the United States Federal Reserve Bank of St. Louis, warned th the first . . . → Read More: Top 5 cryptocurrencies to watch this week: BTC, ADA, THETA, XMR, AMP

Top 5 cryptocurrencies to watch this week: BTC, MATIC, EOS, XMR, AAVE

Bitcoin (BTC) is struggling to sustain any price level during the current pullback, indicating a lack of demand at higher levels. Does this mean that the bull trend is over and the institutional investors are abandoning the crypto markets?

No! It is the other way around. Glassnode’s weekly newsletter pointed out that the Grayscale Bitcoin Trust . . . → Read More: Top 5 cryptocurrencies to watch this week: BTC, MATIC, EOS, XMR, AAVE

Privacy coin Monero pumps 31% amid US taxation plans

Coinciding with news that United States President Joe Biden’s proposed tax plan would require tax reporting on business transactions exceeding $10,000, the value of privacy coin Monero (XMR) climbed 31% on Friday.

Biden’s American Families tax plan would require exchanges and custodians to implement tighter reporting measures to help detect tax evasion and . . . → Read More: Privacy coin Monero pumps 31% amid US taxation plans

Griff Green: Doge-loving hippy hacker steals crypto before bad guys can

The organizer of The Robin Hood Group — which once stole 10% of all circulating ETH from under a black hat hacker’s nose — wants to change the way we think about charity.

A former chemical engineer, Griff Green, 36, traded in his savings for precious metals, which he used to travel the world . . . → Read More: Griff Green: Doge-loving hippy hacker steals crypto before bad guys can

Is China softening on Bitcoin? A turn of phrase stirs the crypto world

They were only two seemingly innocuous words: “investment alternatives.” But when applied to Bitcoin — the seminal cryptocurrency — by an official from the People’s Bank of China in a recent panel discussion, they reverberated like a firecracker.

“A remarkable step for BTC,” Lennix Lai, director of financial markets at OKEx, calls the statement. . . . → Read More: Is China softening on Bitcoin? A turn of phrase stirs the crypto world

J. R. Willett launched the first ICO… but still has a day job

ICOs? He held the first one. Stablecoins? He dreamed of them by accident. Vitalik Buterin tried to get him on board to help launch Ethereum, but he was too busy. He is J. R. Willett, one of the most fascinating men in the industry.

Back in 2012, Willett, now 41, felt he could . . . → Read More: J. R. Willett launched the first ICO… but still has a day job

Top 5 cryptocurrencies to watch this week: BTC, ETH, BNB, XMR, CAKE

Corrections in a bull phase are usually a bullish sign as they reduce the frothy excitement and allow stronger hands to enter the markets. However, the recent correction in Bitcoin (BTC) from its all-time high at $64,849.27 does not seem to have scared novice traders. 

Data from DappRadar shows that decentralized exchange volumes have . . . → Read More: Top 5 cryptocurrencies to watch this week: BTC, ETH, BNB, XMR, CAKE

Atomic swaps and network upgrades send Monero (XMR) price to a 3-year high

As the 2021 bull market cycle unfolds with decentralized finance and nonfungible tokens, or NFTs, being two of the biggest driving forces for growth, old-school cryptocurrency projects have quietly been climbing higher as their established track records begin to attract traders who value a longer history of success.

One such project that has been . . . → Read More: Atomic swaps and network upgrades send Monero (XMR) price to a 3-year high

You can make money playing in virtual worlds: Gabby Dizon

Gabby Dizon — co-founder of Altitude Games and Yield Guild Games — thinks the science fiction-inspired virtual reality Metaverse is being created all around us at increasing speed. “The Metaverse means different online worlds that are interconnected upon some form of shared economy. Usually, this economy is based on a blockchain,” explains Dizon.

. . . → Read More: You can make money playing in virtual worlds: Gabby Dizon

Top 5 cryptocurrencies to watch this week: BTC, XLM, MIOTA, XMR, XTZ

Bitcoin’s (BTC) hesitation near the all-time high suggests that the bulls and the bears are waiting for a trigger to start the next trending move.

The bulls are searching for a positive catalyst to thrust the price above the overhead resistance. On the contrary, the bears may be standing by in anticipation of . . . → Read More: Top 5 cryptocurrencies to watch this week: BTC, XLM, MIOTA, XMR, XTZ

Bitcoin’s comeback, XRP doubles in a week, Coinbase’s big profits: Hodler’s Digest, April 4–10

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.

Top Stories This Week Bitcoin suddenly hits $60,000 as a new resistance battle . . . → Read More: Bitcoin’s comeback, XRP doubles in a week, Coinbase’s big profits: Hodler’s Digest, April 4–10

NFTs: Overpriced crap or new art history?

It’s been a heady few weeks for commerce and art.

Surely a revolution is afoot and we’re too mired in the hot mess to see it right.

With that proviso, here are two notes from the front lines.

NFTs are cutting-edge, digital art ain’t

Some folks say the non-fungible token (NFT) that allows a . . . → Read More: NFTs: Overpriced crap or new art history?

SamJ

Cointelegraph Magazine is a new publication that goes beyond the daily news and delves much more deeply into the stories, trends, and personalities that inspire cryptocurrency and blockchain conversations around the world.

We are people-centric, delving into *why* the true believers of blockchain feel they can change the world (and why they . . . → Read More: SamJ

miss al simpson

Cointelegraph Magazine is a new publication that goes beyond the daily news and delves much more deeply into the stories, trends, and personalities that inspire cryptocurrency and blockchain conversations around the world.

We are people-centric, delving into *why* the true believers of blockchain feel they can change the world (and why they . . . → Read More: miss al simpson

John Constantine

John Constantine joins DKleine to talk about the unique process of using NFC technology in his paintings as a bridge between physical art and digital technology. The two discuss his work with carbon fiber as a painting surface and his interests in innovating with NFTs as a new tool of expression.

Pussy Riot

Nadezhda Tolokonnikova, founding member of Pussy Riot joins DKleine to talk about her foray into NFTs with the series called “PANIC ATTACK” on Foundation that is raising money to shelter women suffering from domestic abuse. The pair discuss the need for broad change in Russia and the problems of corruption in the prison . . . → Read More: Pussy Riot

KiefMonster

Cointelegraph Magazine is a new publication that goes beyond the daily news and delves much more deeply into the stories, trends, and personalities that inspire cryptocurrency and blockchain conversations around the world.

We are people-centric, delving into *why* the true believers of blockchain feel they can change the world (and why they . . . → Read More: KiefMonster

Bobbi Cai

Cointelegraph Magazine is a new publication that goes beyond the daily news and delves much more deeply into the stories, trends, and personalities that inspire cryptocurrency and blockchain conversations around the world.

We are people-centric, delving into *why* the true believers of blockchain feel they can change the world (and why they . . . → Read More: Bobbi Cai

MantaXR

Collector MantaXR joins DKleine to discuss the upcoming Artvatars launch at artvatars.com, a unique collection of creative works built collaboratively by more than 60 artists. The pair anticipate the advantages of the upcoming Polygon Layer-2 network (formerly known as MATIC) that could potentially put an end to enormous gas fees for NFT artists . . . → Read More: MantaXR

Rob Prior and Tracy Leparulo

Worlds are colliding as famed artist Rob Prior joins in the NFT craze with the technical savvy of Tracy Leparulo leading the charge. The pair discuss the exciting innovations taking place at Mogul Productions and the incorporation of Rob Prior’s art in the advancement of the platform. 

Nathan Mccrorey

Cointelegraph Magazine is a new publication that goes beyond the daily news and delves much more deeply into the stories, trends, and personalities that inspire cryptocurrency and blockchain conversations around the world.

We are people-centric, delving into *why* the true believers of blockchain feel they can change the world (and why they . . . → Read More: Nathan Mccrorey

Carl Youri

Cointelegraph Magazine is a new publication that goes beyond the daily news and delves much more deeply into the stories, trends, and personalities that inspire cryptocurrency and blockchain conversations around the world.

We are people-centric, delving into *why* the true believers of blockchain feel they can change the world (and why they . . . → Read More: Carl Youri

Gagan Grewal, Mogul Productions

CEO Gagan Grewal visits with DKleine to talk about Mogul Productions, the upcoming launch of the STARS ERC-20 token and the development of the decentralized film financing platform. The two discuss the present and future implications of blockchain technology and share stories about their entry into the space.

Top 5 cryptocurrencies to watch this week: BTC, ETH, VET, XMR, FTT

Bitcoin (BTC) has risen more than 1,000% since March 2020 and this shows that the digital asset has outperformed traditional asset classes like equities, commodities and bonds by a massive margin.

The resilience of Bitcoin even after the sharp rally continues to attract buyers. Jarvis Labs analyst Ben Lilly said the whales who hold . . . → Read More: Top 5 cryptocurrencies to watch this week: BTC, ETH, VET, XMR, FTT

Sats Moon

Collector, curator and founder of Future Art, Sats Moon joins DKleine to discuss the upcoming Future Art exhibit running from April 1-4, which invites participants to “Folllow the White Rabbit” down the rabbit hole. The two chat about the recent explosion in awareness of the NFT phenomenon and the potential of new applications . . . → Read More: Sats Moon

Cyber Shakti

Cyber Shakti chats with host DKleine about the rising tide of the NFT Art market and its life-changing impact on the people who are diving into the industry. The pair discuss market trends and find many common elements in their works, resulting in a collaborative effort to be released on KnownOrigin.

NADA Digital

Cointelegraph Magazine is a new publication that goes beyond the daily news and delves much more deeply into the stories, trends, and personalities that inspire cryptocurrency and blockchain conversations around the world.

We are people-centric, delving into *why* the true believers of blockchain feel they can change the world (and why they . . . → Read More: NADA Digital

Sam Bankman-Fried: The crypto whale who wants to give billions away

Like many people in crypto, Sam Bankman-Fried is in it for the money. As the founder of quant trading firm Alameda Research, exchange FTX and DeFi protocol Serum, the curly haired 28-year-old has amassed a $10 billion fortune in just three years in the industry.

Unlike most people in crypto though, he’s building up . . . → Read More: Sam Bankman-Fried: The crypto whale who wants to give billions away

What are privacy coins and how do they differ from Bitcoin?

Cryptocurrencies are typically pseudonymous, but not necessarily private. Bitcoin (BTC) and other assets run on blockchains, with each transaction posted publicly online. During a transaction between two or more parties, assets move to different wallets, each represented by a string of characters. 

With these addresses and transactions visible to all, however, a certain . . . → Read More: What are privacy coins and how do they differ from Bitcoin?

Privacy coin season? Dash price gains 100% in a week as Monero, Zcash flip bullish

The strength of the cryptocurrency market appears to be spreading to privacy-focused coins. The calm price action of Bitcoin (BTC) often sets up an intense period for altcoins to rally, where several groups of coins can start becoming bullish.

One of those segments is privacy coins. For example, Monero (XMR) rallied by more than . . . → Read More: Privacy coin season? Dash price gains 100% in a week as Monero, Zcash flip bullish

Top 5 cryptocurrencies to watch this week: BTC, BCH, EOS, XMR, XTZ

Demand and supply metrics determine the price of an asset and data from Glassnode, an on-chain data firm, shows that Bitcoin’s (BTC) liquid supply has been decreasing since June 2020. This signals that traders owning Bitcoin are not selling their holdings.

While the supply is shrinking, demand has been going up in the past . . . → Read More: Top 5 cryptocurrencies to watch this week: BTC, BCH, EOS, XMR, XTZ

Monero community wants Elon Musk to add XMR as Tesla payment option

The Monero community has posted a proposal to add XMR as a payment option on the Tesla website.

Shortly after Elon Musk’s Tesla Motors hinted that they may start accepting Bitcoin (BTC) payments its electric cars, the Monero community suggested that XMR could also be a good payment option.

After posting a CCS proposal . . . → Read More: Monero community wants Elon Musk to add XMR as Tesla payment option

Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come

In the traditional investing world ‘unicorn’ is a term used by venture capitalists to describe a privately held startup valued at more than $1 billion. 

Typically these startups have strong fundamentals and oftentimes a first-mover advantage that helps them rapidly rise in value to become prized investment opportunities for yield-seeking funds.

Some of . . . → Read More: Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come

Researchers detect new malware targeting Kubernetes clusters to mine Monero

Cybersecurity researchers at Unit 42, the intelligence team at Palo Alto Networks, have published a profile of a new malware campaign that targets Kubernetes clusters and can be used for the purposes of cryptojacking.

“Cryptojacking” is an industry term for stealth crypto-mining attacks that work by installing malware that uses a computer’s processing . . . → Read More: Researchers detect new malware targeting Kubernetes clusters to mine Monero

Grayscale prepares for DeFi future with new cryptocurrency trust filings

The largest Bitcoin (BTC) and cryptocurrency asset manager in the world, Grayscale, could be set to move into the decentralized finance space after documents for several new trusts were filed in the Delaware corporate registry.

New trust filings for Aave (AAVE), Polkadot (DOT) and Cosmos (ATOM) were filed on Wednesday. On the same . . . → Read More: Grayscale prepares for DeFi future with new cryptocurrency trust filings

Too fast, too furious: Some major altcoins failed to match Bitcoin’s rally

Since then, the price of Bitcoin has suffered a correction, and most of the crypto market followed. Bitcoin is currently sitting at just over $35,000, and while traders suggest the pullback to be a healthy correction required for Bitcoin to maintain its bullish momentum, some believe the cryptocurrency may plunge below the $20,000.

. . . → Read More: Too fast, too furious: Some major altcoins failed to match Bitcoin’s rally

Regulators dial up the heat: Dash, ZEC and Monero reach boiling point?

On New Year’s Day, the U.S.-based crypto exchange Bittrex announced via Twitter that it was delisting three leading privacy coins: Monero (XMR), Zcash (ZEC) and Dash. A link promised further details, but those who followed it learned nothing to explain why trades in those tokens would end on Jan. 15.

Still, the news . . . → Read More: Regulators dial up the heat: Dash, ZEC and Monero reach boiling point?

Wrapped Monero launches as exchanges crack down on privacy coins

Crypto custodian BTSE has launched an ERC-20 token that represents Monero (XMR) on the Ethereum blockchain, giving investors new exposure to the privacy-centric coin. 

Represented by the ticker symbol WXMR, Wrapped Monero is intended to bring greater liquidity to the DeFi ecosystem. The new asset is fully backed by Monero at a ratio . . . → Read More: Wrapped Monero launches as exchanges crack down on privacy coins

Heavy hitters of crypto call for users to comment on proposed FinCEN wallet rule

A number of players are encouraging individuals to speak out against FinCEN’s new crypto rules before comments close next week.

Crypto exchange Coinbase and the foundation behind Monero are the latest firms to join in calling for crypto users to share their thoughts on the U.S. Treasury’s Financial Crimes Enforcement Network’s new rules. In . . . → Read More: Heavy hitters of crypto call for users to comment on proposed FinCEN wallet rule

Top 5 cryptocurrencies to watch this week: BTC, LTC, BCH, XMR, THETA

The supply and demand equation determines the price of an asset. In the past few months, the uptick in institutional demand for Bitcoin (BTC) has resulted in a strong bull run. This uptrend may continue until demand exceeds supply.

On-chain data shows two withdrawals of more than 12,000 Bitcoin each from Coinbase Pro this . . . → Read More: Top 5 cryptocurrencies to watch this week: BTC, LTC, BCH, XMR, THETA

Top 5 cryptocurrencies to watch this week: BTC, ETH, XMR, XEM, AAVE

December is proving to be another blockbuster month for Bitcoin as the flow of institutional investors injecting funds into Bitcoin continues to increase.

Business intelligence firm MicroStrategy announced that it had raised $650 million worth of convertible bonds at a rate of 0.75% due in 2025. The company now plans to invest the . . . → Read More: Top 5 cryptocurrencies to watch this week: BTC, ETH, XMR, XEM, AAVE

19-year-old Ukrainian politician reports crypto holdings of $24M in Monero

A newly appointed official in Ukraine has officially declared his cryptocurrency holdings, including a significant amount of privacy-focused cryptocurrency Monero (XMR).

Rostyslav Solod, a 19-year-old deputy of the Kramatorsk regional department and the son of Ukrainian politicians Natalia Korolevska and Yuriy Solod, reported holdings of 185,000 XMR, worth about $24.5 million at publishing . . . → Read More: 19-year-old Ukrainian politician reports crypto holdings of $24M in Monero

Bulls eye the $19.5K resistance but low volume keeps Bitcoin price sideways

Today was a relatively uneventful day for Bitcoin (BTC) as the price continues to consolidate into a tighter range. 

As mentioned by Cointelegraph contributor Rakesh Upadhyay, Bitcoin price spent the weekend consolidating within a bull pennant and the breakout to $19,418 was quickly stamped out by overhead resistance.

After retouching the pennant trendline, . . . → Read More: Bulls eye the $19.5K resistance but low volume keeps Bitcoin price sideways

Top 5 cryptocurrencies to watch this week: BTC, ETH, XMR, VET, AAVE

Bitcoin’s (BTC) price has been hovering near the $19,000 level for the past few days. Whenever the price consolidates near the all-time high, it is an indication of strength.

However, the question troubling investors is whether Bitcoin will source enough momentum to pull above $20,000 or will it witness a sharp correction in . . . → Read More: Top 5 cryptocurrencies to watch this week: BTC, ETH, XMR, VET, AAVE

Bitcoin theft is likely to surge in meager post-COVID economy: Report

Cryptocurrency-related fraud and theft are likely to grow in the post-COVID-19 world, according to a new report by cybersecurity and antivirus provider Kaspersky Lab.

Securelist, Kaspersky’s cyberthreat research arm, published a report on cyberthreats to financial organizations, forecasting some specific types of financial attacks that are likely to surge in 2021.

Securelist has . . . → Read More: Bitcoin theft is likely to surge in meager post-COVID economy: Report

Cypherpunk Holdings becomes 9th-largest public holder of Bitcoin

Cypherpunk Holdings (CSE:HODL), a privacy-focused Canadian investment company, has upped its stake in Bitcoin (BTC). 

The company disclosed Thursday that it has added 72.979 BTC to its reserves since June 30, 2020.

Cypherpunk funded the acquisition by liquidating its holdings of Monero (XMR) and Ethereum (ETH), as well as through partial proceeds from . . . → Read More: Cypherpunk Holdings becomes 9th-largest public holder of Bitcoin

Privacy coins no more? CipherTrace files patents for tracing Monero transactions

Crypto analytics firm CipherTrace announced on Friday that it had filed two patents for technology capable of tracing transactions for privacy coin Monero (XMR).

In a Friday blog from CipherTrace, the firm states that the patents would include forensic tools to explore Monero transaction flows to assist in financial investigations, statistical and probabilistic . . . → Read More: Privacy coins no more? CipherTrace files patents for tracing Monero transactions

Dash claims ‘inaccurate categorization’ as ShapeShift delists privacy coins

It shouldn’t come as a surprise that regulators are starting to pay close attention to cryptocurrencies this year. For instance, as the price of Bitcoin (BTC) continues to soar, it’s predicted that regulators will start taking direct action – possibly even banning Bitcoin completely. 

While the ban may sound extreme, regulators have recently . . . → Read More: Dash claims ‘inaccurate categorization’ as ShapeShift delists privacy coins

Top 5 cryptocurrencies to watch this week: BTC, ETH, XRP, XMR, UNI

Bitcoin (BTC) has long been touted as digital gold by crypto enthusiasts. Now as the digital asset faces its first economic crisis since its birth, Bitcoin has validated the narrative and outperformed gold by a large margin in 2020. This suggests two important things, Bitcoin is here to stay and it is a better . . . → Read More: Top 5 cryptocurrencies to watch this week: BTC, ETH, XRP, XMR, UNI

Dash objects to ShapeShift culling of privacy coins

Cryptocurrency exchange ShapeShift recently delisted three privacy coins: Dash, Zcash (ZEC) and Monero (XMR). This was an unexpected move to say the least, given the exchange’s historic commitment to privacy.

As a noncustodial platform, Shapeshift did not impose user identification requirements on traders in its early days, although this began to change with the gradual . . . → Read More: Dash objects to ShapeShift culling of privacy coins

Monero podcaster loses NY congressional race

Douglas Tuman, a crypto enthusiast and host of the Monero Talk podcast, has lost in his bid to represent New York’s 4th District in the United States Congress.

According to election results from The Associated Press, Tuman, a Republican, received 134,243 votes to incumbent Democrat Kathleen Rice’s 147,580 in New York’s 4th District, . . . → Read More: Monero podcaster loses NY congressional race

South Korean financial watchdog will ban privacy coins from exchanges

According to a Nov. 3 announcement from South Korea’s Financial Services Commission, or FSC, virtual asset service providers within the country will no longer be able to handle any digital assets that present a high money laundering risk. These updates were made as part of the guidelines under the Special Payment Act — . . . → Read More: South Korean financial watchdog will ban privacy coins from exchanges

Crypto scammers deface Trump campaign website one week from elections

One of United States President Donald Trump’s re-election campaign websites was briefly defaced yesterday, according to an Oct. 28 article on TechCrunch.

Hackers managed to replace donaldjtrump.com’s usual campaign rhetoric and request for donations with a spoof of the FBI’s “This site has been seized” message.

The unknown attackers claimed to have obtained “strictly . . . → Read More: Crypto scammers deface Trump campaign website one week from elections

Amid IRS bounty and competitor progress, Monero developers ship a major update

First announced in September, Monero developers today went live with a network update featuring a new version of its node software, codenamed ‘Oxygen Orion.’ The product of 30 contributors, the update promises significant improvement across nearly all aspects of the privacy-focused cryptocurrency’s performance. 

The highlight of the new update is the compact linkable . . . → Read More: Amid IRS bounty and competitor progress, Monero developers ship a major update

Top 5 cryptocurrencies to watch this week: BTC, XRP, ADA, XMR, ATOM

In the past three years the U.S. Securities and Exchange Commission has shot down several applications for a Bitcoin (BTC) exchange-traded fund. This dashed hopes of many investors who believed Bitcoin price would rally higher if an EFT was approved. 

Although investors no longer pin BTC’s future on the existence of an ETF, . . . → Read More: Top 5 cryptocurrencies to watch this week: BTC, XRP, ADA, XMR, ATOM

DOJ says use of privacy coins is ‘indicative of possible criminal conduct’

A new report from the U.S. Department of Justice alleges that crypto traders dealing with coins like Monero, Dash, and Zcash are inherently engaging in “high-risk activities.”

According to the “Report of the Attorney General’s Cyber Digital Task Force” released by the DOJ on Oct. 8, anonymity enhanced cryptocurrencies, or AECs, undermine and . . . → Read More: DOJ says use of privacy coins is ‘indicative of possible criminal conduct’

Top 5 cryptocurrencies to watch this week: BTC, ADA, XMR, ATOM, VET

Investors are concerned about the stability of the cryptocurrency market after it was faced with a flurry of adverse news in the past few days.

Fortunately, the markets have matured to the extent that negative news no longer provokes wild price swings like they once did in crypto’s early days.

The . . . → Read More: Top 5 cryptocurrencies to watch this week: BTC, ADA, XMR, ATOM, VET

Dash should not be considered a privacy coin, Dash team says

Once viewed as one of the crypto industry’s top privacy-focused assets, Dash (DASH) no longer operates under that classification, according to the Dash Core Group, the body overseeing the asset and its development. 

When asked if Dash should remain under the category of a privacy asset, Fernando Gutierrez, CMO for the Dash Core Group, told . . . → Read More: Dash should not be considered a privacy coin, Dash team says

Open sesame: Will ‘cracking’ Monero reveal treasure or fool’s gold?

Recently, the United States Internal Revenue Service caused a stir in the crypto community when it put a bounty on the head of anonymity-focused crypto-asset Monero (XMR), offering $625,000 to anyone who could effectively track the purportedly untraceable asset. As the crypto and blockchain industry values anonymity and privacy, questions arise on the . . . → Read More: Open sesame: Will ‘cracking’ Monero reveal treasure or fool’s gold?

Cashless future ahead? Utopian digital dream with dystopian inequality

In Sweden, cash in circulation represents only 1% of the country’s gross domestic product, and some experts predict the nation will go “totally cashless” by 2023. In China’s largest cities, over 90% of people use WeChat Pay and Alipay as their primary payment method, with cash a distant second. 

It may seem that . . . → Read More: Cashless future ahead? Utopian digital dream with dystopian inequality

US Treasury warns crypto firms not to reimburse unknown ransomware victims

Two offices of the U.S. Department of the Treasury have issued advisories on ransomware payouts, which they say pose a threat to national security. The Financial Crimes Enforcement Network or FinCen reminded cryptocurrency processing companies of their duty to file suspicious activity reports when they have a reason to suspect that their services are being . . . → Read More: US Treasury warns crypto firms not to reimburse unknown ransomware victims

Chainalysis and Texas firm win million-dollar IRS contract to crack Monero

On Wednesday, the IRS awarded two $625,000 contracts looking for tracing tools for privacy token Monero and Layer 2 protocols. The winners were blockchain analytics firms Chainalysis and Integra FEC.

The IRS initially publicized its quest for a privacy-busting analytics solution at the beginning of the month. An IRS representative told . . . → Read More: Chainalysis and Texas firm win million-dollar IRS contract to crack Monero

Gemini crypto exchange adds shielded withdrawals for privacy coin Zcash

Gemini, a cryptocurrency exchange founded by the Winklevoss twins, aims to improve user privacy with a major privacy token, Zcash (ZEC).

Starting Sept. 29, Gemini will support shielded withdrawals of ZEC, which allows users to hide their transaction data.

Gemini representatives said that the new feature is the “first time shielded ZEC withdrawals . . . → Read More: Gemini crypto exchange adds shielded withdrawals for privacy coin Zcash

Regulation is coming, Uniswap controversy, how many use crypto worldwide: Hodler’s Digest, Sept. 21–27

Coming every Sunday, Hodler’s Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers!

Top Stories This Week European Commission unveils digital finance package for crypto and blockchain

The days of murky legal waters and uncertainty for the crypto industry could be coming to an end if the . . . → Read More: Regulation is coming, Uniswap controversy, how many use crypto worldwide: Hodler’s Digest, Sept. 21–27

Top 5 cryptocurrencies to watch this week: BTC, NEO, XMR, ADA, LINK

The total crypto market capitalization has recovered from the Sep. 6 lows near $314 billion but it is struggling to sustain above the $350 billion mark, which shows that higher levels continue to attract sellers.

Bitcoin’s (BTC) dominance fell from above 68% in mid-May to about 56% in the first half of this . . . → Read More: Top 5 cryptocurrencies to watch this week: BTC, NEO, XMR, ADA, LINK

Law Decoded: E Pluribus SHA-256

By way of disclaimer, today’s Law Decoded is going to be especially America-centric. Writing to you from the ghastly swamp that is Washington, D.C., I generally try to keep these newsletters more globally minded, displeased as I am with how often the news cycle acts like this town is the center of the . . . → Read More: Law Decoded: E Pluribus SHA-256

XMR workgroup says IRS should study Monero — not try to break it

The United States Internal Revenue Service has better ways to spend taxpayer dollars than offering bounties to break Monero’s (XMR) privacy, a Monero working group says.

After the IRS announced it is offering up to $625,000 to anyone who can break Monero, a major Monero-focused workgroup expressed their take on the matter.

A . . . → Read More: XMR workgroup says IRS should study Monero — not try to break it

New US Treasury sanctions on Russian hackers hit Monero address

Per its Wednesday additions to its list of sanctioned individuals, the United States Treasury Department is targeting Monero (XMR) addresses.

Russian nationals Dmitriy Karasavidi and Danil Potekhin have become the newest names on the specially designated nationals list. According to the Treasury’s announcement on the subject, the two engineered an elaborate phishing campaign targeting U.S. citizens . . . → Read More: New US Treasury sanctions on Russian hackers hit Monero address

Privacy coins ‘pose less risk of money laundering than other coins’

Privacy coins including Monero, Dash, Grin, and Zcash pose less of a risk of money laundering than other cryptocurrencies according to a report by a global law firm.

According to a new white paper released by U.S. international law firm Perkins Coie, anti-money laundering (AML) measures taken by regulatory bodies worldwide . . . → Read More: Privacy coins ‘pose less risk of money laundering than other coins’

Many cloud servers are still at high risk of being hijacked for crypto mining

According to a study published by cybersecurity firm, Aqua Security, cloud servers remain a major target for cryptojacking — a type of attack whose main motivation is to mine cryptocurrencies.

The “2020 Cloud Native Threat Report” states that between the second half of 2019 and the first half of 2020, attacks . . . → Read More: Many cloud servers are still at high risk of being hijacked for crypto mining

Law Decoded: Governments vs. blockchain privacy, Sept. 4-11

Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. 

Editor’s note

One of the most persistent myths about Bitcoin is its supposed anonymity. More properly termed pseudonymity, BTC wallets are permanently tied to their public keys. Most of you know that. . . . → Read More: Law Decoded: Governments vs. blockchain privacy, Sept. 4-11

The IRS offers a $625,000 bounty to anyone who can break Monero and Lightning

The United States Internal Revenue Service has offered a bounty of up to $625,000 to anyone who can break purportedly untraceable privacy coins such as Monero (XMR) as well as trace transactions on Bitcoin’s (BTC) Lightning Network. 

The official proposal, published last week, says the IRS will accept submissions in the form of . . . → Read More: The IRS offers a $625,000 bounty to anyone who can break Monero and Lightning

Researchers are calling this new malware a triple threat for crypto users

Cybersecurity experts at ESET published an in-depth study about a new malware named “KryptoCibule.” This exploit specifically targets Windows users with three methods of attack, including by installing a crypto mining app, directly stealing crypto wallet files, and replacing copy/pasted wallet addresses as a means to hijack individual transactions.

According to . . . → Read More: Researchers are calling this new malware a triple threat for crypto users

Who cares about privacy? Not crypto users, says Coin Metrics

The overwhelming majority of crypto transactions do not include privacy tokens, with most traders choosing to move funds transparently rather than privately.

According to crypto analytics firm Coin Metrics’ Sept. 1 State of the Network report, the combined daily transactions of three privacy coins, Zcash (ZEC), Monero (XMR), and Grin (GRIN), equated to . . . → Read More: Who cares about privacy? Not crypto users, says Coin Metrics

CipherTrace develops Monero-tracing tool to aid US DHS investigations

Privacy and anonymity are the primary benefits of cryptocurrency, yet due to the transparent nature of blockchain technology, crypto transactions are not as anonymous as some may think. Rather, Bitcoin (BTC) and other cryptocurrencies are pseudonymous, as each transaction on a blockchain network is transparent, making it possible to trace wallet addresses back . . . → Read More: CipherTrace develops Monero-tracing tool to aid US DHS investigations

6 Questions for Rob Viglione of Horizen

Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!

This week our 6 Questions go to Rob Viglione, co-founder of Horizen.

Rob is the team lead at Horizen, a blockchain . . . → Read More: 6 Questions for Rob Viglione of Horizen

Browser-based cryptojacking is back as attacks spike 163%

The crypto price surge since March has been accompanied by a wave of cryptojacking attacks according to new research published by cybersecurity firm Symantec.

According to the company there was a 163% increase in browser-based cryptojacking activity in the second quarter of 2020. Cryptojacking had previously been in a steep decline . . . → Read More: Browser-based cryptojacking is back as attacks spike 163%

Australian exchanges delist privacy coins amid Chainalysis integration

Pressured by external forces, two Australian exchanges have begun to delist a number of privacy coins including Monero (XMR) and Bytecoin (BCN).

On August 24, YouTuber Alex Saunders tweeted a screenshot of what appears to be an announcement from the Australian exchange, Coinspot. This announcement seemed to suggest that several privacy coins were going . . . → Read More: Australian exchanges delist privacy coins amid Chainalysis integration

Monero Cryptojacking Malware Targets Higher Education

According to a study published by Guardicore Labs, a malware botnet known as FritzFrog has been deployed to ten millions of IP addresses. The malware has largely targeted governmental offices, educational institutions, medical centers, banks, and telecommunication companies, installing a Monero (XMR) mining app known as XMRig.

Guardicore Labs explains that . . . → Read More: Monero Cryptojacking Malware Targets Higher Education

Did Jack Daniels Thwart a Ransomware Attack or Not?

Ransomware gang REvil, known also as Sodinokibi, claims to have mounted a successful attack against the U.S. wine and spirits giant, Brown-Forman Corp — but the company claims otherwise.

The company is the official manufacturer of Jack Daniels whiskey.

According to cybersecurity services provider, AppGate, the famous alcoholic beverages . . . → Read More: Did Jack Daniels Thwart a Ransomware Attack or Not?

Researchers Detect Crypto-Mining Worm to Steal AWS Credentials

Cybersecurity researchers have detected what they believe to be the first ever stealth crypto mining campaign to steal Amazon Web Services (AWS) credentials.

The mining campaign was described as being relatively unsophisticated by Cado Security in their report on Aug. 17. In total, it seems so far to have only resulted in . . . → Read More: Researchers Detect Crypto-Mining Worm to Steal AWS Credentials

Championing Blockchain Education in Africa: Women Leading the Bitcoin Cause

It’s no secret that women are underrepresented in the technology and financial industries. In the U.S, women only hold a quarter of computing-related jobs. Some sectors, like software engineering, fare even worse, with female representation as low as 15%.

And now along comes blockchain, a technology that promises a global revolution through decentralization. . . . → Read More: Championing Blockchain Education in Africa: Women Leading the Bitcoin Cause

Russia’s New Crypto Analytics System to Track Dash and Monero

A major financial watchdog in Russia is developing a new cryptocurrency analytics tool to trace major cryptos like Bitcoin (BTC) and privacy coins.

Russia’s Federal Financial Monitoring Service, a federal service combating money laundering and terrorist financing, is reportedly planning to build a new analytics platform for tracking cryptocurrency transactions via . . . → Read More: Russia’s New Crypto Analytics System to Track Dash and Monero

Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, XRP, XMR, XTZ

The U.S. markets have rallied sharply from their March lows, led by the tech sector and Fed injections designed to hold up the ailing economy. 

Markets across the globe have also joined the party as a steady economic recovery from the coronavirus pandemic picks up steam. 

The fast-paced rally in global . . . → Read More: Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, XRP, XMR, XTZ

Monero’s Hashrate Experienced Its Largest Single Day Gains Ever

August 6, Monero (XMR) has experienced its biggest increase in hashrate since the network’s creation in 2014.

Monero hashrate. Source: Coin Metrics.

The Monero hashrate increased from 1.67 GH/s on August 5 to 2.2 GH/s on August 6. That 0.52 GH/s single day gain is the highest in the project’s history. . . . → Read More: Monero’s Hashrate Experienced Its Largest Single Day Gains Ever

Crypto, Meet Fiat. You Two Should Get A Coffee Sometime

“We accept Bitcoin here” signs remain few and far between, even online. A handful of studies suggest merchants would be happy to accept digital currencies due to the lower transaction fees involved. But volatility is a major concern, and judging by another wild week in crypto it will continue to be so.

Commerce is . . . → Read More: Crypto, Meet Fiat. You Two Should Get A Coffee Sometime

July

Cointelegraph Magazine is a new publication that goes beyond the daily news and delves much more deeply into the stories, trends, and personalities that inspire cryptocurrency and blockchain conversations around the world.

We are people-centric, delving into *why* the true believers of blockchain feel they can change the world (and why they . . . → Read More: July

North Korea’s Crypto Extortion Efforts Have Expanded Considerably in 2020

A group of hackers associated with the North Korean regime have kept their crypto extortion efforts alive in 2020.

A group of North Korean hackers operating under the name “Lazarus” targeted several crypto exchanges last year, according to a report published by Chainalysis.

One of the attacks involved the creation . . . → Read More: North Korea’s Crypto Extortion Efforts Have Expanded Considerably in 2020

The Becoming of Bitcoin: A Narrative Untainted by Illusions of Truth

Understanding Bitcoin as something static — as some ‘thing’ with a solidified identity — is not understanding Bitcoin at all.

Bitcoin is not being. Bitcoin is becoming. The perpetuation of its identity is not terminal but rather instrumental to something else. Bitcoin maintains identity so that it can serve its meaning. And, like . . . → Read More: The Becoming of Bitcoin: A Narrative Untainted by Illusions of Truth

An Investment in Knowledge Pays the Best Interest: The Parlous State of Financial Education

They say that education prepares you for later life. For many sleep-deprived teenagers staggering through the corridors on a Monday morning, this is the sole motivation to learn — the hope that upon graduation, they will be equipped with the tools and wisdom necessary to navigate the intimidating minefield of adulthood.

So it . . . → Read More: An Investment in Knowledge Pays the Best Interest: The Parlous State of Financial Education

Coinbase CEO: Exchange Won’t List XMR Due to ‘Issue With Regulators’

Brian Armstrong says Coinbase won’t be listing privacy coins like Monero (XMR) as they’re still untested grounds for regulators in the United States.

In a July 24 interview with Peter McCormack on his “What Bitcoin Did” podcast, Armstrong said he wanted to take a more conservative approach with Coinbase so the . . . → Read More: Coinbase CEO: Exchange Won’t List XMR Due to ‘Issue With Regulators’

Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, ADA, XMR, CRO

The total crypto market capitalization has reached $300 billion for the first time since mid-February, which is a huge positive as it suggests increased investor interest in cryptocurrencies. The interest has largely been in smaller altcoins with Bitcoin (BTC) taking a back seat until early this morning. 

Even Ether (ETH) recently joined the . . . → Read More: Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, ADA, XMR, CRO

Regulatory Attention and Fraudsters: Bad Crypto News of the Week

It’s been a good week for Bitcoin. The dollar price is up more than 3 percent to around $9,500. That $10,000 ceiling is looking more fragile than ever. One sign that the ceiling may be about to break is the decline in Google searches for “Bitcoin.” According to Google Trends, search interest is . . . → Read More: Regulatory Attention and Fraudsters: Bad Crypto News of the Week