Crypto Futures News 

Monero Futures Begin Trading on Dubai-Based Crypto Exchange

“Dubai-based multi-currency and spot/futures exchange, BTSE, unveiled its Monero (XMR) futures trading, Oct. 31” writes Jack Martin for cointelegraph.com. The decision to list Monero comes at a time when the popular privacy coin is being delisted from several other exchanges.The move makes it one of the first and only exchanges offering futures contracts on the privacy-focussed cryptocurrency.Pressure from the Financial Action Task Force, while driving criminals towards Monero and other privacy coins, is also causing some platforms to delist them. Source: cointelegraph.com

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Crypto News 

Privacy-Focused Cryptos Hunted Down by Forensics and Exchanges

“To process private transactions of Zcash, shielded transactions have to be initiated, and on most exchanges and wallets, shielded Zcash transactions are not processed” writes Joseph Young for cointelegraph.com. The growing pressure from G-7 countries for exchanges to deal with privacy coins will further push the FATF to apply guidelines and standards to prevent money laundering, making it harder for exchanges to support privacy coins. Therefore, delisting of Monero from exchanges could hurt the chances of analytics firms tracing funds involved in criminal activities.Like how Gemini supports Zcash, the FATF…

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Crypto News 

Jerez de la Frontera Under Attack by BTC Cyber Thief

“The computer network of Jerez de la Frontera has been locked up by a malicious actor who is demanding bitcoins in exchange for loosening his or her hold on the system” writes Nick Marinoff for livebitcoinnews.com. As we have seen in the crypto world, nobody is safe from crypto-based ransomware, and in the case of one Spanish city – Jerez de la Frontera – that lesson is being learned all over again.The attack first began on Tuesday night with what were deemed small outages of the town’s website.Crypto ransomware has…

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OKEx Korea Delists Monero, Dash, Privacy-Cryptos Over FATF Demands

“In a blog post originally published on Sept. 10, OKEx Korea confirmed it would halt trading of Monero (XMR), Dash (DASH), Zcash (ZEC), Horizen (ZEN) and Super Bitcoin (SBTC) on Oct. 10” writes William Suberg for cointelegraph.com. The South Korean arm of cryptocurrency exchange OKEx is removing support for five major altcoins due to new international regulations.An OKEx representative told Cointelegraph that the coins will be delisted only on OKEx.co.kr. Source: cointelegraph.com

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Crypto News 

Decentralization First: Privacy Coin Monero Cuts Out ASIC Miners to Stay Independent

“Monero is a privacy coin, meaning that it is anonymous and untraceable by design” writes Stephen O’neal for cointelegraph.com. Additionally, new dynamic block size algorithm and improved privacy — which is considered to be Monero’s key feature — were introduced.Monero has been pushing out ASIC-powered mining from the XMR network since its birth, but the code has to be updated regularly to ensure that.Eventually, BitMonero was forked and became an open-source project dubbed “Monero” (which means “coin” in Esperanto). Source: cointelegraph.com

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Crypto News 

French Finance Committee Recommends to Ban Privacy Coins

“In addition to the end-to-end privacy coins like Monero and ZCash, other customizable privacy coins also hit the market” writes Arnab Shome for financemagnates.com. Many privacy coins popped up in the market even before the crypto boom in 2017.In a recently published report, the Finance Committee of France’s National Assembly has proposed for a complete ban on the privacy-focused cryptocurrencies.Their aim is to provide complete anonymity to the users which were among the core principles of the blockchain technology.In case of Bitcoin or Ethereum, any particular coin can be tracked…

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Crypto News 

Majority of 400 Vulnerable Docker Servers Found to Be Mining Monero, Research Shows

“Most of them were seemingly running Monero (XMR) mining software, cybersecurity company Imperva reports on March 4” writes Misty Cephus for cointelegraph.com. Also in February, Cointelegraph wrote that cryptocurrency mining malware continues to target major corporations, hijacking victims to mine altcoin Monero. Source: cointelegraph.com

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Monero: Wallet Bug Potentially Enables Exchange Hacks, Team Prepares Patch Release

“A bug in the Monero (XMR) wallet software that could enable fake deposits to exchanges has been recently brought to public attention through a Medium post, published by the official Ryo (RYO) account on March 3” writes Adrian Zmudzinski for cointelegraph.com. This mishandling could potentially allow an attacker to fake the deposit of an arbitrary amount of XMR to an exchange.According to the post, an email reportedly sent to the Monero-announce mailing list warns exchanges and service operators using the coin that the Monero Vulnerability Response team received a disclosure…

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Crypto News 

Monero update: XMR had the first positive month in a year

“February turned to be a successful month for Monero (XMR) as the coin gains 11% to trade at $48.85 at the time of writing” writes Fx Street for forexcrunch.com. It is still early days for the technology and there is still a lot more to come for the Monero ecosystem,” Spagni said.He thinks that people are often wrong to believe that digital assets are for illegal business.The next fork is scheduled on March 8, it is designed to prevent the coins from being mined on ASIC devices. Source: forexcrunch.com

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Research Warns ‘Familiar’ Monero Mining Malware Is Infecting Windows Systems

“A new hacking tool is propagating throughout the online community in an attempt to install cryptocurrency mining malware, researchers at security intelligence firm Trend Micro confirmed in a blog post on Feb. 20” writes William Suberg for cointelegraph.com. Detected at the end of January, the tool is a combination of extant threats which previously targeted Microsoft Windows users: MIMIKATZ and RADMIN. “Between the last week of January to February, we noticed an increase in hack tool installation attempts that dropped seemingly random files into the Windows directory,” the blog post…

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