Tag Archives: Monero

[ad_2][ad_1] Crypto intelligence firm Chainalysis and data forensics firm Integra Fec won a combined $ 1.25 million contract to provide privacy-focused coin-breaking tools, monero, for the Internal Revenue Service (IRS) of the United States. Fluctuated in early September, the one-year contract specifically covers transactions involving monero (XMR) and second tier …

[ad_2][ad_1] The US Internal Revenue Service has offered a bounty of up to $ 625,000 to anyone who can crack allegedly untraceable privacy coins like Monero (XMR) and track transactions on Bitcoin’s Lightning Network (BTC). The official proposal, released last week, says the IRS will accept proposals in the form …

[ad_2][ad_1] The US Internal Revenue Service (IRS) wants to pay a contractor $ 625,000 if he can breach level two privacy schemes and the privacy-focused crypto asset monero (XMR). The tax agency says the entity has “limited investigative resources” to track these types of cryptocurrency transactions. The US tax agency …

[ad_2][ad_1] One of the biggest strengths of cryptocurrency is that it is mostly out of reach for world governments, providing a universal option through which to avoid banks and fiat currencies altogether. This isn’t entirely true of all forms of encryption, however, and one of the more privacy-focused may have …

[ad_2][ad_1] Privacy and anonymity are the primary benefits of cryptocurrency, but due to the transparent nature of blockchain technology, crypto transactions are not as anonymous as some may think. Rather, Bitcoin (BTC) and other cryptocurrencies are pseudonyms, as every transaction on a blockchain network is transparent, allowing wallet addresses to …

[ad_2][ad_1] Blockchain surveillance firm Ciphertrace claims to have created the “first” monero tracking tools for law enforcement. According to the company’s announcement, Ciphertrace has developed forensic tools for the US Department of Homeland Security (DHS) in order to monitor illicit monetary transactions. Despite the company’s claims, there is no evidence …

[ad_2][ad_1] Mitiga, an emergency response and incident response company, discovered that a product available on the Amazon Web Services Marketplace contained Monero mining malware. Mitiga published the findings, noting that he discovered the malware while conducting a security audit for a financial services company. “Mitiga’s security research team has identified …

[ad_2][ad_1] As the world became more and more connected, privacy continued to erode. For many libertarians and cryptocurrency users Bitcoin doesn’t offer enough privacy. This is why tokens like Monero (XMR) and zCash (ZEC) have made privacy their number one priority. Tokens like Monero make transactions more difficult to track …

[ad_2][ad_1] A major financial watchdog in Russia is developing a new cryptocurrency analytics tool to track major cryptocurrencies such as Bitcoin (BTC) and coins for privacy. Russia’s Federal Financial Monitoring Service, a federal service that fights money laundering and terrorist financing, is reportedly planning to build a new analytics platform …

[ad_2][ad_1] The Blue Mockingbird malware gang has infected more than 1,000 business systems with the Monero mining malware since December 2019. The global scale of the hacker group’s operations was revealed by cloud security firm Red Canary on May 26. The report outlined the group’s methodology. The malware attacks servers …