Tag: Monero

Kraken Crypto Exchange Plans To Delist Monero in Two European Countries in Two Months

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One of the biggest centralized crypto exchange platforms in the world is planning on delisting a popular privacy-focused altcoin in two European nations in the coming months. In a new article, crypto exchange Kraken says it’s going to be delisting Monero (XMR), a blockchain focused on anonymity that launched in 2014, from Ireland and Belgium starting in June. According to Kraken, after June 10th, all remaining XMR on the crypto exchange will be automatically converted into Bitcoin (BTC), the top crypto asset by market cap. “We will be delisting Monero…

March sees Bitcoin ETFs soar, Polkadot spike, rise of Monero challenger

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. March heralded a resurgence in the cryptocurrency market, highlighted by a significant surge in spot Bitcoin ETF volumes, Polkadot’s strategic advancements, and the rise of Borroe Finance (ROE) as a novel challenger to Monero. March was not just another month in the crypto universe—it was a whirlwind of highs, innovations, and bullish trends that have left the community buzzing. From the soaring volumes of spot Bitcoin ETFs to Polkadot’s…

Cardano, Monero & Scorpion Casino

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In the midst of a booming bull market, investors are eagerly seeking the next big opportunity to capitalize on the surging cryptocurrency landscape. Among the many options, three standout cryptocurrencies have emerged as top contenders: Cardano, Monero, and the innovative newcomer, Scorpion Casino. Let’s delve into the strengths of each and how they position themselves to thrive in the bullish market, with a special spotlight on Scorpion Casino’s unique approach to crypto presales. Scorpion Casino: The Rising Star Amidst the excitement of Cardano and Monero, Scorpion Casino emerges as a…

Cosmos and Monero competitor sets sight on gains 

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana and Filecoin recently announced a collaboration to devise blockchain storage solutions. With the Filecoin integration, third-party dapps would be able to access Solana’s block history.  According to blockchain experts, the move would help Solana in improving the redundancy and scalability of its data sets. The collaboration could pave the way for new ideas in the developer community.  The potential of the integration has shifted the crypto community’s attention…

Monero shows resilience, Jupiter struggles, Borroe Finance innovates in defi space

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Monero bounces back, Jupiter faces challenges, while Borroe Finance’s innovative DeFi solutions spark growing interest. Monero (XMR) and Jupiter (JUP) have been under pressure recently due to unfavorable ecosystem trends. While Binance plans to delist Monero later this month, JUP lost over 50% of its value in less than a week. Luckily, Borroe Finance ($ROE) gained more ground with its decentralized fundraising utility, and analysts believe the token will…

DeeStream pushes beyond Monero and Solana in 2024 predictions

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Some online platforms are trying to balance user privacy, asset security, and scalability, which is important for crypto investors. Monero (XMR) is known for privacy, while Solana (SOL) has a scalable solution. On the other hand, DeeStream (DST) claims to have found the right balance with its web3 video streaming platform. DeeStream and video content sharing DeeStream is a new video streaming platform that aims to remove the barriers that…

What Is Monero (XMR) Network?

What Is Monero (XMR)? Monero (XMR) is one of the leading cryptocurrencies focused on privacy, zero knowledge, and censorship-resistant transactions.  The Monero network operates on a proof-of-work (PoW) consensus mechanism, like Bitcoin and various other cryptocurrencies. This system incentivizes miners to contribute blocks to the blockchain. Monero’s PoW algorithm is designed to resist specialized mining equipment known as application-specific integrated circuits (ASICs). These ASICs confer a significant advantage to companies and affluent individuals, potentially leading to the centralization of the network. In 2018, Monero became the first major cryptocurrency to…

Monero Plummets Following Major Crypto Exchange Delisting

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On February 6, Monero (XMR), a privacy and security-focused token, saw its price drop after Binance, one of the largest crypto exchanges, announced its delisting in the following weeks alongside another three tokens. Monero (XMR) To Be Delisted This Month Binance recently announced the delisting and cease of all trading activity of Aragon (ANT), Multichain (MULTI), Vai (VAI), and Monero (XMR) starting on February 20, 2024, at 03:00 (UTC). The decision came after Binance’s most recent review, which determined that the platform could no longer support the tokens. Following the review…

Monero and Multichain collapse amid Binance’s recent announcement to delist

The cryptocurrency exchange will delist four tokens from the platform. According to the crypto exchange’s announcement on Feb. 6, Binance will delist Aragon (ANT), Multichain (MULTI), Vai (VAI), and Monero (XMR) on Feb. 20. “When a coin or token no longer meets this standard or the industry changes, we conduct a more in-depth review and potentially delist it. We believe this best protects all our users.” Binance announcement As of this date, Binance will stop trading ANT/BTC, ANT/USDT, MULTI/USDT, USDT/VAI, XMR/BNB, XMR/BTC, XMR/ETH, XMR/USDT. In addition, on the specified day,…

Binance to Delist Monero Privacy Token; XMR Slides

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…