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 …
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The Monero community gets some pretty lousy news – there’s one less place where you can buy the privacy coin now. Why? Well because ShapeShift just quietly delisted Monero and Dash as well. ShapeShift is not your standard crypto exchange – this is a portal for buying, selling and trading crypto but at the same …
Continue reading "ShapeShift Quietly Delists Monero And Dash – We Need Atomic Swaps ASAP"
What is the Monero?
Created in 2014, Monero (which means “piece” in Esperanto) does not rely on Bitcoin code but on cryptonote technology. It is safer, ensures anonymity to its users. The amount of transactions is also impossible to see from the outside. Above all is scalable, which ensures that it can support the expected increase in the volume of transactions in the years to come.
The algorithm that manages Monero mining is also described as superior to that of Bitcoin by number of users. Since it allows individuals to mine without problems. Monero relies heavily on the community that supports it.