Monero is an anonymous crypto-currency known for being preferred by dark net’s largest marketplaces, where drugs and illicit goods are sold. Darknet marketplaces were made popular by Ross Ulbricht’s Silk Road, which landed him a lifetime in prison.
The newest cryptocurrency craze preys upon modern privacy concerns. It cites how big banks, corporations, and governments keep tabs on everything in the marketing materials. This is very much similar to Bitcoin’s early marketing. Unlike Bitcoin, which has a 21 million market cap, Monero has none. It was forked from Bytecoin.
“There is no safe place to conduct private transactions,” a marketing video for the crypto-currency [...]
A security firm has published an advisory that warns Monero users of a vulnerability that would enable a hacker to steal the cryptocurrency from a majority of third-party digital wallets.