Are Monero Developers Behind the Latest Zcash Attack?

An unidentified spammer has wreaked havoc with Zcash node operators by filling transaction blocks with myriad shielded transaction outputs. The post Are Monero Developers Behind the Latest Zcash Attack?

Timeline of Monero, Zcash

Zcash (ZEC) was treading a bearish route along with other altcoins, having shaved off as much as 14% in the past few days. Zcash loses 14% last week but opens up an increased buying opportunity Awesome Oscillators looks bullish ZEC's RSI at 42 On-chain metrics have shown a glimpse of a buying opportunity with a hint of a downtrend.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The Tether Dominance metric has been on an uptrend over the past few days.

Monero recently announced an upgrade that can easily be dismissed as another run-of-the-mill security update. A deeper dive, especially in regards to the reason behind the upgrade reveals that it is an important upgrade for security future-proofing.

Global crypto exchange Huobi Global (HT/USD) has announced its delisting of several privacy coins, some of them very popular and widely adopted across the ecosystem, according to the latest in crypto news from the company .

Huobi, one of the world's leading crypto exchanges, has announced that it will delist seven seven privacy tokens in order to achieve compliance with tightening financial regulations.

Huobi Global has unveiled its plans to delist privacy tokens, counting Monero (XMR), Dash (DSH), Decred (DCR), Firo (FIRO), Verge (XVG), Zcash (ZEC) and Horizen (ZEN) as the digital assets that will be affected.

In recent years, the crypto market has seen countless projects come up from nowhere. However, most of these projects faded into oblivion and could not maintain high standards such as those exhibited by Bitcoin and Ethereum.

Zcash price analysis has a bearish outlook today. Its price tested the $64.5 mark twice in the last 48 hours but failed to break through, establishing a confirmed resistance level.

Introduction With hundreds of different currencies available, cryptocurrencies are the way of the future for trade. Youth are particularly interested in cryptocurrencies more than anyone else due to their volatility and inherent danger.

A Turkish-based cryptocurrency malware called ‘Nitrokod' has infected over 100,000 personal computers across 11 countries. What Happened: A new report from cybersecurity firm Check Point Research found that a malware application disguised as popular desktop applications has been making its way across the globe, largely undetected since 2019.