Monero (XMR) Will Introduce Tail Emission In 30 Days To Protect Miners’ Interests
The Monero(XMR) community is working to introduce some important measures and upgrades which it calls Tail Emission to help in protecting its miners’ interests in the coming days. Tail Emission is a “minimum subsidy” designed to “keep fees reasonable, secure a lower bound of network security, and enable dynamic block sizes.” The Monero community has […]
Here’s Why Top Privacy Coins Outperformed Bitcoin This Week
Privacy coins have risen higher this week in the crypto market amidst diverse market sentiment. As the largest cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) fail to show any significant movement this week, the top three privacy coins Monero (XMR), Zcash (ZEC), and Decred (DCR) continue to rise. Private coins Monero (XMR), Zcash (ZEC), and Decred […]
Monero Becomes The Preferred Crypto As Ransomware Attacks Increase By 500%
In 2021, a surge in ransomware has also resulted in an increase in Monero usage as a payment method, as more criminal groups prefer only XMR. According to a new report by blockchain analytics firm CipherTrace, privacy-focused cryptocurrencies such as Monero are playing an increasing role in the rising tide of ransomware. “Current Trends in […]
Monero’s former lead maintainer has been released from jail
After more than a month in jail, Riccardo Spagni, the former chief maintainer of the privacy coin Monero, has been released. He has stated that his attorneys are working to get the matter addressed once and for all. Spagni said he was working with his legal team to return to South Africa to answer the […]
Ex-Monero Developer ‘Fluffypony’ Jailed for theft at Cookie Company
‘Fluffypony,’ an ex-Monero developer, has been in jail for two weeks for stealing from the Cookie Company. Two weeks ago, according to court documents filed with a Tennessee district court, former Monero creator Ricardo Spagni was arrested on fraud-related allegations. When Spagni worked as an employee for a South African company known as Cape Cookies, […]