Monero (CRYPTO: XMR)
Key Data Points
Monero Return vs. S&P
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Monero Company Info
Monero (XMR) is a decentralized cryptocurrency created in April 2014 by a group of developers led by the pseudonymous developer "thankful_for_today". It utilizes a combination of ring signatures, ring confidential transactions and stealth addresses to protect sender and receiver privacy, and employs a proof-of-work consensus algorithm to ensure the security of the network. XMR is used as a medium of exchange between individuals and organizations, allowing for fast and secure money transfers over the internet, and can be exchanged for other cryptocurrencies and fiat currencies. It is listed on a variety of cryptocurrency exchanges and is accepted by many merchants and services.
News & Analysis
Here's What's Behind Monero's Impressive 25% Recovery Rally Today
Monero's strong rebound today signals there may still be long-term interest in privacy coins.
Do Privacy Coins Have a Future After This Disaster?
The crackdown on a popular "crypto mixer" could have huge implications for privacy coins.
Is Monero Cryptocurrency a Good Investment?
This privacy-focused coin has fallen from grace. Is it worth a closer look?
Here's Why Privacy Coins Monero, Zcash, and Secret Are Soaring Today
In the face of impending regulation, many investors are seeking safety in privacy coins today.
Why Monero Could Be an Uncertainty Hedge in the Crypto World Right Now
Privacy is important, but growing increasingly important in the crypto world.
Why Monero Was One of the Best-Performing Cryptos This Week
The privacy token is seeing increased interest as a work-around for potential crypto regulation.
Why Monero, Bitcoin Cash, and Stellar Lumens All Plunged Today
This weekend's crypto crash was nasty, and these three tokens all got beaten up.
Why Serious Investors Should Take a Closer Look at Privacy Coins
Their bad reputation may conceal a good investment.
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