Coinatory

Despite all the perception that crypto-atheists, naysayers and some movie-makers have, and spur, about crypto technology being a laundering nightmare, the truth is still tucked well inside some grey pile somewhere. So the movie is out. People in the crypto community have run out of eggs and tomatoes. People who are still catching up on what the word even means are trying to make up their minds. But despite all the polarizing reactions the Kurt Russell starrer ‘Crypto’ minted, its plot (that was all about the use of cryptocurrencies by a clandestine network for primarily laundering money) should make us think about the big issue in a way that is neither black or white, neither blue nor pink – which is, by neither dissing crypt ... Read more about " Crypto-laundering – Not a Washing Machine. Yet " on coinatory.com

The bubbly is unmistakably all around as experts and security -industry players take stock of new crypto-threats and malware attacks gaining steam and ground. Count the bottles of champagne popped and you would know. Get up and brush the dust away from last year’s attacks. If 2018 was abuzz with cryptocurrency wallets, Salty Spider malware trapping cryptocurrency users (specially Electrum BTC Wallets), BTC ransomware payment demands and crypto-jacking, 2019 is showing starker and stronger intersections between the orbits of cyber threats and cryptocurrency.  As always, the devil lurks in the fine print. But let us skim through the bigger fonts first. They will jump us through the hoops faster. Strap yourself for words like m ... Read more about " 2019: A Happy - and New - Year for crypto-conmen and thieves so far " on coinatory.com

Why using open-source and GPU approaches is making Monero a smart second-mover in cryptocurrency forest? The First One gets the Oyster. The Second One gets the Shell. ORPioneers get Arrows. Settlers get the Land. Yes, like everything in life there are two ways to look at anything. Being the first one in any space endows that brave soldier with a quiver of advantages and that much-craved thing called eponymous-brand-weight. Bitcoin is synonymous to cryptocurrency for the average layman. That counts. But it can also mean a lot of arrows on the first person’s body. Bitcoin did not change the way we think about money and speed of transactions. It capsized it. It came as a seismic force that totally, and unrecognizably, upended ... Read more about " Monero: Not THE Earliest Bird, and still getting the worm " on coinatory.com

We know that crypto world is currently going through the winter phase and there are not much thrilling news around. Obviously, when old and experienced fishermen are sitting in the cosy armchairs at some bar in front of the fireplace, they will inevitably get tipsy and start telling the old salty tales about 3-meter tunas that they caught once and how they will catch the 5-meter fish next summer. So did Roger Ver with his fishy version of Bitcoin, during one of the latest episode on Bitcoin.com’s YouTube channel, claiming that: “Anything Bitcoin (BTC) Can Do, Bitcoin Cash (BCH) Can Do Better” Yes, we all agree with that statement because we don"t even want to argue anymore. We"ve seen proofs that bitcoin cash"s network being hig ... Read more about " Fishing on the skating rink " on coinatory.com

A project called Monero Rings advertises itself on the sites monero-rings.org and myxrmwallet.com. Monero Rings is positioning itself as an “improved version” of Monero, promising fast transactions, scalability, improved mining and even non-interchangeable tokens. It all sounds great, but the fact that the options that have been promised have emerged from nowhere is suspicious. The fake project was recently revealed by the Guarda wallet company, whose specialists saw that the project code is simply a clone of the Monero code. They also found that one web form sends phrases for recovery to their own site servers, allowing fraudsters to access private keys and steal funds. Four days after the exposure, Monero Rings resources ar ... Read more about " Warning! Fake Monero called Monero Rings " on coinatory.com

CEO of Lunar Digital Assets, Han Yoon wrote an article, warning that Monero network possibly showing signs of an imminent attack. The main point is the strange increase in hashpower. Starting from January 1st, 2019 it"s constantly growing - from 322,7Mh/s up to 781 Mh/s (February 5th). It"s an enormous growth and, in fact, the hashpower was never that high since the April 5th, 2018 - the day when Cryptonight V8 algorithm was implemented during the Lithium Luna update. You can check the actual hashpower here. The whole situation doesn"t seem to be strange and dangerous now. But considering the fact that Monero is an ASIC-resistant coin, there"s less space for the explanation of such a strange behavior. Another fact - Monero ... Read more about " Monero: something strange is going on " on coinatory.com

Monero, one of the most popular cryptocurrencies among criminals is mined using malicious mining programs. A study by Universidad Carlos III de Madrid and King’s College London says that hackers were able to mine 4.32% of Monero out of the total amount of cryptocurrency in circulation using malware. Researchers Sergio Pastrana and Guillermo Suarez-Tangil stated: Overall, we estimate there are at least 2,218 active campaigns that have accumulated about 720K XMR (57M USD). Interestingly, just a single campaign (C#623) has mined more than 163K XMR (18M USD), which accounts for about 23% of the total estimated. This campaign is still active at the time of writing ... However, it remains unknown what proportion of hackers who ... Read more about " Almost 5% of Monero coins hackers mined with malware " on coinatory.com

Last week, the Office of Foreign Assets Control (OFAC), a structure within the US Treasury, added two Bitcoin addresses to the sanctions list (the so-called List of Special Categories and Prohibited Persons). The office announced that these wallets are associated with two citizens of the Islamic Republic of Iran, Ali Khorashadizadeh and Mohammad Ghorbaniyan. These sanctions, the first of its kind, are part of a campaign conducted by the American authorities to monitor and restrict digital activities, including money laundering and cybercrime. In addition, OFAC said it would monitor the exchanges that carried out the transactions of sanctioned persons: “We publish the addresses of digital currencies in order to identify the attackers ... Read more about " US sanctions against Iranian Bitcoin addresses: an important precedent " on coinatory.com

In a recent interview, the developer of Litecoin noted that one of the most interesting cryptocurrencies for him is Monero (XMR). Monero (XMR): an interesting project Lee has been and remains a fairly influential character in the development of many blockchain projects. In addition to developing Litecoin (LTC), he is developing the SegWit, Lightning Network, Atomic Swaps protocol, and also periodically helps projects identify and close vulnerabilities. He commented on the situation, saying that the most interesting project for him was ... Read more about " Charlie Lee is interested in Monero " on coinatory.com

Malwarebytes experts believe that the ransomware became the favourite method of crypto hackers once again, although in the recent past they preferred crypto jacking. Experts believe that the reason for the change of tactics was a prolonged decline in the cryptocurrency market, as well as new measures to protect against hidden mining. Yet another reason for that might be The Monero Malware Response, initiated by Monero community as this coin was mostly used in crypto jacking because it makes hackers almost impossible to find. Fbot might ... Read more about " Disappointed by crypto jacking, hackers returned to ransomware " on coinatory.com

October 18th is the date for Monero update. The update is planned and happens twice a year for this coin. What to expect from the leading privacy coin from the top 10 cryptocurrencies? Increasing privacy! Pointing out the new upcoming features: enabling Bulletproofs to cut transaction size, verification time, and fees by approximately 80%; mandatory ringsize of 11 (as another privacy improvement) new PoW (Proof-of-Work) algorithm as another step in ASIC resistance, started by the previous update - Lithium Luna Check the ... Read more about " Monero: 0.13.0 "Beryllium Bullet" Release " on coinatory.com

According to the US Drug Enforcement Administration, in 2013, 90% of all bitcoin use cases were tied to criminal activity, whereas now 90% are accounted for legal financial transactions. Only in 10% of cases, we are talking about illegal activities. Such statistics were shared with Forbes by an employee of the US Drug Enforcement Administration, Lilita Infant. Just a few people in the world are better aware of this issue than she is. The team, which includes Infant, specializes in investigating crimes in the cybersphere, in particular ... Read more about " Shares of criminal and legal use of bitcoin swapped places " on coinatory.com

Monero developers announced the creation of a working group aimed at combating hidden mining and malware - Malware Response Workgroup. As part of the initiative, a website has been launched to inform users about how they can clean their devices from hidden miners and ransomware, and protect their computers from getting infected by such programs. Easy mining and anonymity of Monero are distinctive characteristics of this coin. However, these features attract not only investors but also intruders who mine XMR with the help of special ... Read more about " The Monero Malware Response " on coinatory.com

Here goes another chapter of ASIC wars. This time, Sia is under attack and is striking back with the v1.3.6 hardfork. This hardfork will reset Sia"s Proof-of-Work function. This will make ASICs by Bitmain and Innosilicon useless. The whole story started with the Bitmain that announced their ASIC miner for Sia network just 10 days before shipping. That was the announcement that almost caused the civil war in Sia community. Why? In June 2017, we announced that Sia would be pursuing ASICs, and that Nebulous (parent company of Sia) would be sp ... Read more about " Sia: ASIC wars, bricking the Bitmain and Innosilicon ASICs " on coinatory.com

The study showed that the Monero transactions, despite their intricacies, cannot be called completely anonymous. The specialists managed to establish the regularity by which data about addresses and the sum of coins are mixed. Since Monero declares to be completely secure, private and untraceable, this statement is being continuously challenged. It"s always been a race between hackers and developers. This time a bug was found in their network. Such news was reported by the users themselves. In response, the development team quickly ... Read more about " Monero: new challenges " on coinatory.com

BTC/USD BTC/USD is trading at $6,640 and continues to move within the correction. The coin is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend. An additional confirmation in favor of further growth is the strong support zone after the next positive testing. So the upward trend remains at the forefront. The inactivity is due to the presence at the moment of more attractive from the point of view of speculation, cryptocurrencies and holidays on the Asian market. As part of the forecast for ... Read more about " Forecast and analytics – 25 September 2018 " on coinatory.com

BTC/USD BTC/USD is trading at $6,688 and is continuing its corrective movement after recent growth. The coin is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend. Further confirmation in favor of further growth is the unwillingness of prices to drop below the signal line of the Ichimoku Kinko Hyo Cloud and a strong support zone that has already demonstrated its effectiveness. Also, the information environment now indirectly contributes to the continuation of growth. As part of the forecast for ... Read more about " Forecast and analytics – 24 September 2018 " on coinatory.com

BTC/USD BTC/USD is trading at $6,375 and continues to move within the correction. Since yesterday, no significant changes have occurred and the coin continues to be traded within the Ichimoku Kinko Hyo Cloud, which indicates the continuation of the lateral trend with the potential of decline. As part of the forecast for September 21, we can expect further price movement within the established wide flat $6,500- $6,200. We should expect any directed movement of the price only after it is out of range. The development of further decline ... Read more about " Forecast and analytics – 21 September 2018 " on coinatory.com

BTC/USD BTC/USD is trading at $6,390 and continues to move within the correction. The coin is traded within the Ichimoku Kinko Hyo Cloud, which indicates a lateral trend. As part of the forecast for September 20, you can expect further price movement within the established wide range of $6,543- $6,200. To expect any directed movement of the price is only after it is out of range. An upward movement should be expected in case of a breakdown at the price of the upper border of the $6,600 resistance zone and the consolidation of quotes ... Read more about " Forecast and analytics – 20 September 2018 " on coinatory.com

Ethereum Creator, Vitalik Buterin shared his thoughts on which of the blockchain systems of the system is the most promising in his opinion. In a new video on Zcash YouTube channel, Buterin explained why he is against blockchains with a single decision-making body, such as EOS, where users select representatives who provide the functioning of the network. A couple of years ago, I would most likely have supported Tezos-EOS, who believe that the blockchain needs to be managed. But now? I"m totally against it, I think it"s a crazy ... Read more about " Vitalik Buterin about EOS, Bitcoin, Monero, Zcash and Ethereum " on coinatory.com