This Danger & Repeat podcast episode appears to be like on the state of Monero, a privacy-focused cryptocurrency, in addition to current cyber assaults towards crypto exchanges.
This week’s Danger & Repeat podcast discusses the privateness coin Monero and the way its place within the crypto ecosystem has resulted in vital regulatory consideration.
Monero is a cryptocurrency, however in contrast to Bitcoin, it has a collection of know-how that enhances the privateness of those that commerce with it. This know-how — in addition to its recognition — has made Monero a cryptocurrency of choice on the darkish internet. As well as, ransomware actors are increasingly demanding ransoms in Monero and in some circumstances charging a premium if a sufferer pays in bitcoin. This has led to elevated regulatory consideration on the cryptocurrency in recent times.
In associated information, a string of cyber assaults towards cryptocurrency exchanges has occurred in current weeks. Crypto.com was the sufferer of a current cyber assault that resulted in the theft of $35 million USD in cryptocurrency. In December one other trade, BitMart, was robbed of $150 million in assets. The previous occasion specifically led to discussions about transparency following cybersecurity incidents. SearchSecurity editors Rob Wright and Alex Culafi focus on the newest on Monero and cryptocurrency cyber assaults on this episode.