Category: cryptocurrency
Cryptocurrency
Monero vs. Centralized Authority
Monday August 1, 2020.Monero hits all-time high monthly transactions (MoneroJ.net) Wednesday Aug 3, 2022. If there has been one cryptocurrency that has taken the market by surprise over the last 24 hours, it’s Monero [XMR]. In a market where top coins, including Bitcoin [BTC] and Ethereum [ETH], have dropped in price, XMR has increased. At press time, the private cryptocurrency had…
Why did Wall Street loan billions to alleged fraudster Bill Hwang?
Bill Hwang secured billions in dollars in financing from leading Wall Street banks with lies that ranged from assurances he could quickly exit his positions to claims he had large holdings of easily traded stocks like Apple and Google, according to US authorities. The banks apparently took Hwang’s words at face value as they entered into leveraged derivatives trades with…
The most hated cryptocurrency: Why are people flocking to Monero?
Monero, traded as ticker XMR, seems to be the only cryptocurrency able to escape the solid downtrend lately and the approaching hard fork is not the only cause. While it is a definite motivator, there are at least four additional main reasons. The first is obviously the new trend in sanctions. 1. The sanctionsFirst, the west has essentially sanctioned anyone…
Monero defies crypto market slump, steals show #XMR #newsSummary
Positive content published on the private Monero / XMR cryptocurrency was once hard to come by, what with all the focus on crime and money laundering. It’s worth noting that Monero is a private currency for regular people who value the fundamental right to privacy. We archived some of the positive sources, as such articles tend to disappear shortly after…
Is OKX/OKEX Exchange selling imaginary crypto?
OKX was founded in 2017 and is headquartered in Seychelles (East Africa), per Investopedia and other sources. “The site claims over 20 million users in more than 100 countries.” An issue of concern for the company is “low liquidity for certain currencies.” Investopedia’s verdict is that “due to some inconsistencies, unclear information, and past customer experiences, it’s a good idea…
Young Ukrainian escapes war with USB stick holding 40% of life savings in #Crypto
As the Russian invasion of Ukraine nears its fifth week, it has been shown that cryptocurrencies have helped Ukrainian refugees in more than one way after being forced from their homes. Crypto has made it possible for donations worth tens of millions of dollars to pour into the country while allowing some Ukrainians to take a portion of their life…