In the Daily: Monero Upgrade, Revolut Auto Exchange, SETL Administration

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In this edition of The Daily we cover the latest protocol upgrade to privacy coin monero (XMR), a new feature for traders using Revolut, and the blockchain-based corporate settlements platform SETL appointing administrators for the business. Also Read: Online Bank Swissquote to Add Crypto Custodial Services Monero Undergoes Protocol Upgrade The Monero development team has…

Web Surfers Rejoice? Browser Miner Coinhive to Shut Down After Monero Hard Fork

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Coinhive, the company behind the leading in-browser cryptocurrency miner—which is used in numerous crypto jacking campaigns—will be discontinuing its service. The company announced the news on Feb. 26th, saying that the last Monero hard fork impacted the software’s profitability and left the entire project economically unviable. Coinhive Service to Shut Down Coinhive, a popular in-browser…

Report Claims 85% of the Monero Network Dominated by ASIC Miners

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Over the last few years, certain cryptocurrency networks have tried to block ASIC mining with many fruitless attempts to forge ASIC-resistant protocols. Multiple cryptocurrency developers have attempted to brick ASIC miners, but with scant success. A perfect example is the privacy-centric digital currency Monero, a project that has tried to fork the software multiple times…

Analysis Suggests that 85 Percent of Monero Network is Dominated by ASICs

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Within the last 40 days, analysis suggests that Monero is once again dominated by ASIC mining, with 85 percent of the network hash rate coming from this specialized computer hardware. The author was able to detect this new wave of ASICs via mining nonce forensics. Background on Monero Monero is an open-source cryptocurrency created in…

Micropayments: Bringing Cryptocurrencies Into Everyday Life

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The following post about micropayments was written by Dmytro Spilka. He is the CEO at Solvid and founder of Pridicto, a web analytics startup that uses AI and Machine Learning to forecast web traffic, monitor vital metrics, and set visual traffic aims. Cryptocurrencies may have assumed the role of the quintessential water cooler topic over recent…

A Small Crypto Coin Is Making Big Claims About a Private Proof-of-Stake

A Small Crypto Coin Is Making Big Claims About a Private Proof-of-Stake

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Even though it’s yet to gain much notoriety, token project Spectre is innovating in a trending area – private staking for proof-of-stake blockchains.

The Pirate Bay Is Again Using Users’ CPUs to Mine XMR

The Pirate Bay Is Again Using Users’ CPUs to Mine XMR

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The Pirate Bay is again taking over its users’ CPUs in order to mine the Monero (XMR) cryptocurrency to generate additional revenue. Unlike previous times, the site now displays a notification on the matter for users to know what is going on with their systems. Also Read: The Daily: Bitmain Valued at $12 Billion, New…