Despite negative mining malware news, the privacy-centric cryptocurrency Monero rose by 36% in 2 weeks โ€“ Markets and Prices Bitcoin News

Privacy-focused cryptoasset Monero has risen dramatically in the past two weeks, rising 36% against the US dollar. Although the "Spider-Man: Nowhere" torrent of Monero mining malware has brought negative news, 7 days of statistics show that encrypted assets have increased by more than 21%.

Monero Sees Double Digit Gains in Mining Malware Headlines

Privacy-focused digital currency Currency (XMR) This week saw double-digit growth and most of the crypto economy suffered losses and went through a period of consolidation. alone, XMR Make headlines after a cybersecurity company. warn The torrent file containing the movie "Spider-Man: No Way To Go" may contain malicious Monero mining malware.

Reports of mining malware have plagued the Monero community for many years because there are some applications that hijack the victim's CPU and then mine Monero without the victim's knowledge. This behavior is sometimes called "Cryptojacking. "

Year to date, Currency (XMR) It is up 58% against the US dollar, and the market value of encrypted assets is approximately $ 4.4 billion, ranking 44th out of 12,135 types of encrypted assets. XMR This represents 0.19% of the $ 2.3 trillion crypto economy on January 1, 2022.

XMRChart / USD for January 1, 2022.

XMR The 24-hour price range is approximately US $ 227.51 to US $ 248.45 per unit and strap (USDT) It is the largest trading pair in assets and accounts for 42% of all transactions. Bitcoin (18.39%), Ethereum (7.83%), the US dollar (5.94%), the euro (3.35%), the British pound (2.32%) and the Japanese yen (2.32%).

badge(XMR) It is an open source based digital currency network. Cryptocurrency Technique created by Nicolas van Saberhagen in 2013. Blockchain network is said to be confusing, but blockchain monitoring company Ciphertrace Say It has Monero tracking feature.

The project's privacy technologies include IP address concealment, Ring signatureZero-knowledge, bulletproof, and invisible steering. In late August 2021, a Monero developer Announce Bitcoin arrive XMR Atomic exchange capacity. further, Currency (XMR) It is used in many dark web markets.

Monero also faces many privacy coin competitors, such as Horizon (zen), Script (DASH), Y zcash (ZEC)For example, ZEN has gained 438% against the US dollar so far this year, and ZEC has gained 130.8% last year.

Tags in this story

Atomic swap from BTC to XMR, bulletproof, Password tracking, pique, horizon, Mining malware, badge, Currency (XMR), privacy, Private assets, Privacy currency, Ring signature, Invisible address, xmr, XMR Earnings, Zero cash, sweater, Zen, Zero knowledge test, zk-SNARKs

In the mining malware report, what do you think of the 36% increase in the exchange rate of Monero against the US dollar in the last two weeks? Tell us your thoughts on this topic in the comment section below.

Jamie redman

Jamie Redman is the head of news for Bitcoin.com News and a fintech reporter based in Florida. Since 2011, Redman has been an active member of the cryptocurrency community. He is passionate about Bitcoin, open source code, and decentralized applications. Since September 2015, Redman has written over 5,000 articles for Bitcoin.com News about the destructive protocols emerging today.




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