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Elliptic’s Report: Cross-Chain Crime Threatens the Growth and Reputation of Monero

Elliptic’s report on the surge in cross-chain crime, particularly the laundering of funds through cryptocurrencies like Monero (XMR), poses a severe threat to Monero’s growth. As the report highlights, privacy coins like Monero used in illicit activities have increased, negatively impacting Monero’s reputation and adoption. Criminals exploit privacy features for money laundering, inviting regulatory scrutiny […]

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Razer Gaming Firm Faces Hacking Incident, Customer Data for Sale in Monero

Razer Gaming Firm Faces Hacking Incident, Customer Data for Sale in Monero

Gaming firm Razer has experienced a security breach, with a hacker demanding $100,000 in cryptocurrency in exchange for stolen source code and back-end login details. The breach includes the compromise of folders labeled ‘zVault’ and encryption keys related to Razer’s rewards system. The stolen data was offered for sale on a hacker forum, with the […]

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