- 4.3% of the total Monero mined has come from illicit mining malware.
- Cyber criminals are using the privacy-focused cryptocurrency for illegal purposes.
- Support moving forward: $48.66, $46.22, $42.75, $41.82, $40.68, $38.31.
- Resistance moving forward:$51.10, $54.12, $58.22, $60, $67.01, $69.21, $70.21, $74.82
Latest Monero News
Monero is a privacy-focused cryptocurrency which allows users to transfer funds anonymously through the network.
As cryptocurrencies like Bitcoin are based on a public ledger, transactions can usually be tracked back to their owners through blockchain forensics. Monero combats this by shielding the important aspects of the blockchain from public view so forensic experts cannot track the transactions.
However, this anonymous nature has also given birth to a new wave of cyber crime. The latest incident involves a wife of a Norwegian millionaire, Tom Hagan, who has been kidnapped from her home and has been missing since October 31, 2018.
Tom Hagan, the…