Day: November 19, 2019

Malware on Official Monero Website Can Steal Crypto: Investigator

boss

The software available for download on Monero’s (XMR) official website was compromised to steal cryptocurrency, according to a Nov. 19 Reddit post published by the coin’s core development team. The command-line interface (CLI) tools available at getmonero.org may have been compromised over the last 24 hours. In the announcement, the team notes that the hash of the binaries available for download did not match the expected hashes. The software was malicious On GitHub, a professional investigator going by the name of Serhack said that the software distributed after the server…

What It’s Really Like in a Working DAO

boss

The topic of decentralized autonomous organizations is echoing loud and clear from the halls of this year’s DevCon to CryptoTwitter. Multiple projects at DevCon, including Aragon and MolochDAO, presented their commitments to decentralize power across a DAO, or, a group organized by rules encoded as a computer program. DAOs are transparent and controlled by the community rather than a centralized authority, such as a government, bank or corporation.  Related: What is DAO Key to the formation of a DAO is the organization around a particular purpose or mission. For example,…

Bitcoin (BTC) Selling Pressure Stays Intact, Investors Put Hope in Anticipated Halving

boss

The next Bitcoin halving remains the predominant story of bulls hoping for huge price gains. The popular line of thought is that the price of Bitcoin could increase, as crypto enthusiasts warn of an increase that adds to the pressure on prices. However, its price may increase. The expected halving testifies to this dream and its coming in the blockchain of the BTC in May, while several hodlers anticipate an increase in prices. On the flip side, the price may continue to drop to $8,000. Besides, if there is a…

Led by Bitcoin, Crypto Market Prices Continuously Falling

boss

Bitcoin seems to continue this week’s losses. After yesterday’s sell-off, crypto markets continued to fall and Bitcoin price fell below the $8,200 threshold. At the time of writing it was still in the fall by 4.81% to $8,148.80. The correction of the market is more than obvious because, at the time of writing, all 30 biggest coins were declining with major losses. But, not to get too pessimistic, it only means that in last month Bitcoin price is mostly flat. Some analysts think this fall could expose Bitcoin to a…

Bitcoin’s Lightning Network ‘Pulled Me in’

boss

Bond market veteran Nik Bhatia says that with Lightning, Bitcoin (BTC) has become an unprecedented asset by combining a store of value with medium-of-exchange scale and speed. This recognition prompted him to quit his former work for an institutional asset manager trading United States Treasuries on Wall Street, as he outlined in a blog post on Nov. 18.   “Unprecedented in human history” Bhatia is now an adjunct professor of finance and economics at the USC Marshall School of Business, whose involvement in Bitcoin has since evolved to include a research…

Mimblewimble Privacy Isn’t ‘Fundamentally Flawed’

boss

The developers of privacy-centric cryptocurrency Grin (GRIN) have hit back at the fundamental claims of an article purporting to have “broken” the coin’s privacy model. In a Medium blog post published on Nov. 19, Grin core dev Daniel Lehnberg argued that the so-called breakage did not go beyond the already-acknowledged privacy limitations of the coin’s protocol and relied on a passive attack vector that would be insufficient to glean actionable data. Some basics of Grin’s protocol Lehnberg’s post does not consist of a point-by-point takedown of the original article, which…