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Zcash, with a gain of more than 130% since Sept. 25, fueled a rally among privacy coins on Oct. 2. ZEC Leads the Rally On the day bitcoin ( BTC) reached $120,000 for the first time since Aug. 14, privacy coins stole the limelight with many seeing double-digit gains. Zcash (ZEC), which reached a three-year … Read more
While the Monero network recently took a beating with an 18-block reorg, XMR strutted nearly 7% higher in the last 24 hours, breezing past the $300 mark. Monero’s Chain Gets Reorged, But Price Parties With Gains By 7:55 p.m. Sunday evening, right before the week kicked off, monero (XMR) was trading hands at $306 a … Read more
Monero’s blockchain hit rewind on Sept. 14 when an 18-block chain reorganization—its deepest on record—replaced roughly 36 minutes of history and invalidated 118 previously confirmed transactions. Analysts Flag Monero’s Biggest Reorg Yet Amid Hashpower Friction Essentially, a reorg happens when a competing branch with more cumulative proof-of-work (PoW) overtakes the current one, kicking “orphaned” blocks … Read more
The recent claim of a 51% attack on Monero by the mining pool Qubic has raised concerns about the network’s security. Although the claim of a sustained attack was largely debunked, it highlighted a vulnerability that can be exploited using common mining hardware. Qubic’s 51% Attack Claim on Monero Sparks Security Debate The recent claim … Read more
Cake Wallet has launched Cupcake, a free, open‑source app that turns a spare smartphone or tablet into an air‑gapped cold‑storage device to provide hardware‑level crypto security without shipping, cost, or personal data collection. Cupcake stores private keys offline while pairing with Cake Wallet in a view‑only mode; users create transactions on the online app, transfer … Read more
After concerns arose regarding a potential 51% attack by the Qubic mining pool, Monero announced on August 26 that the development of its Full-Chain Membership Proofs (FCMP) upgrade is advancing quickly, with a testnet launch expected soon. Codebase Improvements and Countermeasures Following the recent controversy over a purported 51% attack by the Qubic mining pool, … Read more
XMR rebounded 4% to $276 on Aug. 18 after dropping to $233 on Aug. 15, following reports of a 51% attack by the Qubic mining pool. The Debate: Has Qubic Overstated Its Power? The privacy coin XMR appreciated by approximately 4% on Aug. 18 to $276, just days after the reported 51% attack on Monero … Read more
A former Monero lead developer sparked controversy after revealing that a close friend—previously skeptical of crypto—wanted to buy XRP, believing banks would be obsolete within two years. Igniting the XRP Debate: A Skeptic’s Inquiry The claim by Riccardo Spagni, former lead developer for Monero, that a close friend and longtime crypto skeptic had expressed interest … Read more
Kraken announced in a security update that the centralized crypto exchange is temporarily halting monero ( XMR) deposits. The platform explained that it had discovered that a single mining pool has captured control of more than half of the network’s hashing power. Qubic’s Controversial Dominance Sparks Exchange Freeze The privacy-focused crypto network Monero has been … Read more
Amid the storm over the Qubic/Monero clash, some warn that privacy’s slow fade is picking up speed — first with the fall of Tornado Cash, then the loss of Samourai Wallet, and now, Monero’s latest setback. The Great Privacy Purge On social media, X user Karbon told their 86,900 followers that recent blows to Monero … Read more