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Cryptoassets are a high-risk asset class. This article is for informational purposes only and does not constitute investment advice. You could lose all your capital. Top after XMR developer Luke 'Kabaya' Parker reveals Full Chain Membership Proof (FCMP), which aims to increase anonymity across the network and drive up the price of XMR. Privacy coin Monero (XMR) is scheduled for a major update. Monero is one of the earliest cryptocurrencies. Created as a peer-to-peer crypto similar to Bitcoin, the network further enhances its main selling point: privacy. However, despite this unique value proposition, evolving regulations and regulatory pressure on supportive…
At least 101,000 Americans over the age of 60 fell victim to digital fraud last year, with the average person losing $33,915, according to a new FBI report.According to the report, the largest dollar losses were due to fraud involving Bitcoin and other cryptocurrencies. Since at least 2018, the FBI's Internet Crime Complaint Center (IC3) has published statistics showing the extent of the impact cybercrime has had on older Americans. In 2023, the IC3 office received 101,068 complaints from this population. This was an 11% increase over the previous year and was roughly on par with 2020's highest number.According to…
Ethereum founder Vitalik Buterin is advising people to “decentralize their own security” after weighing in on a Twitter debate about using cold wallets. To prove his point, Buterin said he stores 90% of his crypto assets in a multisig safe wallet. “M-of-N, some keys are held by you (but not enough to prevent recovery), others are held by others you trust,” he said. wrote. “Don't reveal who other people are, even to each other.” The “m-of-n” mentioned by Buterin describes one way to set up a multisig (multi-signature) wallet. The first variable refers to the minimum number of signatures required…
Explore live price analysis of XMR, Monero to USD conversion.Monero (XMR) is a top-dog coin with careful privacy considerations and focus on the cryptocurrency scene, confirming that this currency is vibrant and alive. The cryptocurrency Monero, due to its anonymity and security, offers a large following of users who want to pay lip service to the guarantee of censorship-proof financial transactions. Founded in 2014, Monero's main purpose is to enable private and anonymous transactions. Although Bitcoin (BTC) is often thought to be able to hide a user's true identity, the transparency of the blockchain means that it is usually easy…
Ladan Stewart, the SEC’s former top crypto enforcerCopyright White & Case LLP Ladan Stewart is a partner at White & Case LLP in the firm’s Global White Collar/Investigations Practice, where she focuses on SEC and other regulatory enforcement matters, white collar investigations, civil litigation and trials. Before joining White & Case, Ladan served for more than eight years in the Division of Enforcement of the U.S. Securities and Exchange Commission, most recently as assistant director and regional trial counsel heading the SEC’s crypto and cyber litigation unit. Ladan litigated SEC nforcement matters, including SEC v. Ripple, SEC v. Telegram, SEC…
Ethereum has fallen below the $3,000 price range. Profit from ETH supply decreased by approximately 5 million. Ethereum [ETH] After trading activity ended on April 30th, the market witnessed a significant price decline. This decline had a noticeable impact on several key indicators related to the asset. Ethereum falls 6% AMBCrypto’s Ethereum analysis reveals a negative conclusion for April, which was characterized by a significant price decline. On April 30th, ETH fell by 6.29% and traded around $3,013, managing to maintain the $3,000 price level. However, as of the latest update, the decline continues and Ethereum has fallen below the…
Technology • May 1, 2024, 9:16am EDT issued 1 minute ago upon Blockchain forensics firm Elliptic said it has made advances in the use of artificial intelligence to detect Bitcoin money laundering.The company said in a statement that it is using this advancement to enhance Elliptic's detection tools and details that work in a new research paper “co-authored with researchers at MIT and IBM's Watson AI Institute.” I made it.”Using deep learning models, we were able to successfully identify criminal proceeds, new money laundering transaction patterns, and previously unknown illicit wallets deposited on cryptocurrency exchanges,” the company said in a…
Vitalik Buterin proposes “multisig” to solve the problem of hardware wallet seed phrases. Shamir is another alternative for storing seed phrases, but Buterin downplayed it. Alternative HD Vitalik Buterin favors multisig over Shamir for hardware wallet security Vitalik Buterin supports multisig to improve wallet security Self-custody wallets, especially hardware wallets, are becoming more popular as third-party risks come to light, such as the FTX implosion. Crypto Twitter clearly reminds users of these risks through catchy phrases. “It's not your key or your code.” However, users can be the biggest risk factor for hardware wallets. They can easily forget the seeds…
Relying on voters holding tokens to manage a decentralized protocol can get messy. Conversations often unfold in siled channels such as his Discord and Telegram, and the process for making important decisions like treasury allocations and governance rules is inefficient and disjointed. “It has a reputation for being chaotic,” said Agora co-founder Yitong Zhang. luck. Agora, which just raised $5 million in a seed round, is a cross-chain platform that provides a new standard of governance tools to help protocols organize voting systems. Uniswap, Optimism, and Nouns are some of the early customers. Chan said Agora means “all the benefits…
Explore live price analysis of XMR, Monero to USD conversion. Monero (XMR) is a top-dog coin with careful privacy considerations and focus on the cryptocurrency scene, confirming that this currency is vibrant and alive. The cryptocurrency Monero, due to its anonymity and security, offers a large following of users who want to pay lip service to the guarantee of censorship-proof financial transactions. Founded in 2014, Monero's main purpose is to enable private and anonymous transactions. Although Bitcoin (BTC) is often thought to be able to hide a user's true identity, it is usually easy to trace payments back to their…