$85,621.00
1.34%$1,640.89
0.72%$3.68
-1.04%$2.15
0.40%$588.81
0.14%$131.40
-1.32%$0.999951
0.01%$0.253374
-1.16%$0.160384
-3.43%$0.642334
-0.72%$1,639.89
0.76%$85,567.00
1.50%$9.43
0.51%$20.02
-0.01%$12.72
-0.42%$0.240439
-0.71%$0.999886
-0.00%$2.93
3.13%$2.20
-3.13%$0.167335
-0.98%$0.00001197
-2.52%$1,966.78
0.46%$332.76
-3.59%$78.35
-0.09%$16.17
2.54%$1.00
0.18%$4.32
0.60%$0.744384
-1.39%$0.99947
0.09%$1,640.11
0.44%$27.85
0.14%$212.39
2.61%$1,746.78
0.62%$5.40
-1.03%$85,723.00
1.52%$52.31
-1.58%$0.00000745
-0.18%$4.78
-3.65%$0.87916
1.23%$22.52
0.60%$33.76
0.07%$2.13
0.39%$1.047
-0.07%$1.00
0.00%$4.90
-2.86%$0.697582
0.13%$0.085018
-1.08%$15.19
-1.84%$1.16
0.03%$138.97
-2.02%$238.44
-2.29%$3.92
-0.62%$0.02357859
2.74%$0.077557
5.61%$4.14
-1.35%$85,622.00
1.67%$4.13
2.20%$0.997716
-0.01%$0.194689
3.52%$0.296192
-5.12%$2.52
-0.97%$0.510505
1.66%$8.09
-3.61%$0.183372
-0.67%$2.52
0.88%$3.81
-0.22%$0.293714
-3.21%$85,582.00
1.56%$10.39
-0.28%$0.484678
-1.41%$1,394.75
0.41%$0.073445
-6.34%$137.29
-1.33%$0.661338
-2.34%$0.38247
-2.00%$3.98
0.44%$1.00
0.08%$0.01651571
-6.59%$1.027
-0.71%$0.00001303
-0.90%$1,642.79
1.13%$1,710.33
0.63%$66.30
-2.60%$0.743483
-1.44%$0.616968
-0.45%$0.934131
8.25%$0.602397
-2.67%$0.178673
1.46%$1.001
0.16%$14.80
-0.10%$0.999552
-0.03%$0.999854
0.03%$589.13
0.28%$3,237.74
-0.21%$1,849.66
0.42%$8.00
-1.78%$0.591017
-0.49%$0.07985
0.78%$83,811.00
-0.97%$0.015304
-1.34%$3,238.66
-0.21%$0.409212
-2.37%$0.297342
-2.05%$0.997623
-0.02%$85,384.00
1.17%$0.689198
-3.67%$0.02027983
2.19%$3.69
-2.35%$0.01477532
-0.39%$0.723774
-2.60%$1,743.04
0.74%$0.25821
-4.57%$144.59
-1.16%$0.999661
0.13%$0.00000062
-1.31%$2.08
1.91%$0.162631
-0.59%$168.39
-1.52%$1.11
0.24%$0.101553
1.39%$0.598449
-24.87%$0.461067
-1.71%$28.27
-1.27%$0.351197
-1.09%$0.00005639
-4.12%$1.85
-2.55%$1.69
-2.69%$0.511741
1.94%$3.18
-0.05%$0.508499
-1.96%$1,715.85
0.52%$0.271679
-8.01%$31.03
-8.31%$0.99667
-0.01%$14.72
0.54%$0.9999
0.00%$82,849.00
2.93%$0.132125
-1.10%$0.069056
1.52%$0.498282
-5.88%$0.999994
0.01%$0.420085
0.25%$4.14
2.34%$1.63
3.98%$85,507.00
1.29%$0.00467911
-3.42%$0.559087
-0.50%$0.429241
-5.69%$85,293.00
0.81%$0.00000043
-1.40%$0.0073973
0.61%$1,712.87
0.60%$1.98
0.89%$0.160516
-3.27%$1.001
0.41%$1.08
0.00%$1.15
-0.41%$110.69
0.02%$14.11
0.29%$1,744.37
0.69%$0.00001987
1.20%$85,480.00
1.71%$0.583591
5.44%$1,640.96
0.57%$0.999569
0.04%$22.83
0.03%$0.03760749
15.74%$5.21
-1.48%$0.999062
-0.04%$1,642.14
0.77%$40.27
-1.67%$2.24
-2.66%$0.03745171
-1.34%$0.069619
-0.95%$77,106.00
0.00%$1,639.43
0.94%$0.121268
-4.37%$0.99916
0.20%$0.432908
-1.76%$1,640.78
0.98%$0.422006
-1.17%$5.12
-4.14%$0.999898
-0.02%$4.15
1.98%$1.00
0.05%$0.071607
-1.10%$0.999888
0.27%$0.278426
0.21%$0.183557
-0.53%$0.00005883
-0.86%$0.999507
-0.01%$0.753578
-2.62%$0.11884
1.74%$0.0059498
-0.47%$0.742584
0.04%$0.03084425
-1.33%$0.0036252
0.20%$0.00484715
-4.41%$0.151604
-1.48%$0.482244
-8.24%$1,661.31
0.40%$1.00
0.00%$0.140362
1.53%$111.51
-1.11%$0.303195
-2.04%$0.00000139
-7.83%$2.51
2.80%$85,508.00
1.32%$1.11
2.53%$3,225.78
0.08%$85,402.00
1.18%$0.00294028
39.19%$1,622.53
0.44%$2.78
2.27%$0.262259
-2.61%$0.209561
-0.17%$0.568525
-0.03%$0.254293
0.59%$20.60
-0.97%$1,641.16
0.62%$0.549337
-5.09%$1.00
0.03%$0.428682
-1.59%$22.04
-0.40%$1,734.96
0.76%$0.02815778
-0.26%$0.170915
-0.86%$20.01
-0.12%$0.472624
-3.59%$1,717.92
1.36%$0.971727
-1.53%$0.100408
-22.15%$0.03242345
-0.71%$0.998756
0.07%$0.097089
-0.13%$0.653535
2.41%$1,798.27
0.89%$0.01104822
-0.31%$1,783.01
0.52%$85,605.00
0.88%$13.16
-2.80%$0.999701
0.01%$2.67
-6.44%$0.00235291
-4.20%$12.37
-0.49%$1.96
-0.98%$1,634.66
0.47%$1.14
-0.20%Reading
Popular privacy coin Monero (XMR) completed a hard forkhard fork introducing new privacy and security features over the weekend.
The non-contentious hard fork, completed at block 2,688,888, was first announced by developers in April this year. Initially planned for July, it was subsequently delayed to August 13.
One of the main changes introduced with the fork is an increase in Monero's ring size from 11 to 16. In order to protect user privacy, Monero merges the digital signature of the individual signing a transaction with those of 11 (now 16) other non-signers to create a new signature authorizing the transaction.
The network upgrade also included changes to its 'Bulletproofs' algorithm to boost transaction speeds and reduce transaction sizes by an estimated 5-7%, as well as improvements to its multisig mechanism. Other performance upgrades include 'view tags,' which aim to reduce wallet sync times by up to 40%, along with security patches and fee changes.
Congratulations on a successful network upgrade! 🎉 #Monero is now more private and efficient with ringsize 16, Bulletproofs+, and view tags!
Make sure your node/wallet is updated to continue using Monero.
Privacy and fungibility matter, and it’s exciting to keep improving!
— Monero (XMR) (@monero) August 13, 2022
News of the successful network upgrade doesn't appear to have moved the needle on Monero's price, which is currently down around 1.6% on the day, with the privacy coin currently changing hands at around $166.
Monero's boost to its privacy feature set comes in the wake of increased regulatory attention on privacy projects. Last week, the U.S. Treasury Department sanctioned the crypto privacy tool Tornado Cash for money laundering, while the Netherlands Crime Agency arrested an alleged Tornado Cash developer; the moves prompted widespread condemnation among the crypto community.
Monero itself has long drawn attention from regulators and law enforcement; in 2020 crypto intelligence firm CipherTrace revealed that it had developed a toolset for tracing Monero transactions at the behest of the U.S. Department of Homeland Security. Despite this apparent success, a month later the IRS offered a bounty of up to $625,000 to crack Monero. The following year, the Norwegian police were attempting to crack the privacy coin in order to trace transactions relating to a missing persons case.
Norway’s National CyberCrime Center is trying to pry open Monero and Dash—two cryptocurrencies known for their privacy-protection capabilities—amidst the search for missing person Anne-Elisabeth Hagen. Police believe that the privacy coins were used in connection with a ransom attempt and that tracing these transactions could help lead them to Hagen’s whereabouts. “I do not want to comment specifically on what we have done or are doing in the context of Dash and Monero, or what we have achieved...
As a result of that regulatory attention, crypto exchanges including Coinbase have hesitated to list Monero, with CEO Brian Armstrong stating in 2020 that in "behind-the-scenes conversations," regulators had implied that, "We very much don't think you should do this."
Crypto's best minds are heading east, and it's gaining at a pace that other regions are finding hard to catch up to. Asia was responsible for 32% of global crypto developer activity in 2024, according to a report from venture firm Electric Capital. The firm recently published its comprehensive annual report, analyzing over 900 million code commits across the crypto industry. The transformation represents a nearly threefold increase from Asia's 12% share in 2015, while North America's position de...
Google's announcement of its breakthrough Willow quantum processor has reignited debates about crypto security, with some observers suggesting quantum computers could break Bitcoin's encryption. The tech giant claims its new quantum computing chip can complete certain calculations in five minutes, which would take traditional supercomputers an impractical amount of time to process. Quantum computing is a new type of computing that uses the strange properties of quantum physics, where small part...
Dimo, a platform for developers to build apps and enable car drivers to monetize their data, is migrating between Ethereum scaling networks, the developers exclusively told Decrypt—from Polygon to Coinbase’s Base. Co-founder Rob Solomon believes the move opens doors for valuable partnerships ahead. The project is a “global API layer for cars” that is aiming to make every car on earth smart and programmable. This could manifest, the company says, in a future full of AI car mechanics and smart par...
