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Police Analyze Monero (XMR) Transactions To Arrest 18 People Suspected of Fraud in Japan: Report

Police Analyze Monero (XMR) Transactions To Arrest 18 People Suspected of Fraud in Japan: Report

Japanese authorities, including the National Police Agency and a joint task force from nine prefectural police departments, arrested 18 individuals involved in a scam using Monero (XMR). According to multiple reports, the suspects allegedly used stolen credit card details to make fraudulent purchases, primarily on the flea market app Mercari. Over the span of June […]

The post Police Analyze Monero (XMR) Transactions To Arrest 18 People Suspected of Fraud in Japan: Report appeared first on The Daily Hodl.

Russia adopts Bitcoin, crypto assets for cross-border transactions, finance minister says

Kraken to Delist Monero (XMR) Across Europe

Kraken to Delist Monero (XMR) Across EuropeKraken has announced the delisting of Monero (XMR) across the entire European Economic Area (EEA) due to regulatory changes. Effective October 31, 2024, at 15:00 PM UTC, trading and deposits for all XMR markets will be halted, and any open orders will be automatically closed. Clients will have until December 31, 2024, to withdraw their […]

Russia adopts Bitcoin, crypto assets for cross-border transactions, finance minister says

Binance to Convert Delisted Crypto to USDC — Advises Users to Withdraw Affected Tokens Before Deadline

Binance to Convert Delisted Crypto to USDC — Advises Users to Withdraw Affected Tokens Before DeadlineCrypto exchange Binance has announced the conversion of several delisted tokens into stablecoin USDC. Users are advised to withdraw affected crypto tokens by Sept. 1, as they will no longer be accessible afterward. After this date, withdrawals of the delisted tokens will no longer be supported, and users will not be able to transfer them […]

Russia adopts Bitcoin, crypto assets for cross-border transactions, finance minister says

Privacy Coin Monero Tops Payments at European Online Retailer Shopinbit in June

Privacy Coin Monero Tops Payments at European Online Retailer Shopinbit in JuneAccording to Shopinbit, a European online retailer that accepts cryptocurrency for transactions, monero (XMR) was the favored payment method in June. Shopinbit reported that XMR accounted for over 74% of all payments during that period. European Retailer Shopinbit Sees Monero Payments Skyrocket in June The European online retailer, which offers over a million products, shared […]

Russia adopts Bitcoin, crypto assets for cross-border transactions, finance minister says

Florida Man Convicted for Violent Kidnapping, Assault and Crypto-Stealing Scheme

Florida Man Convicted for Violent Kidnapping, Assault and Crypto-Stealing Scheme

A 24-year-old man from Florida has been convicted of running a crypto-stealing scheme that also included kidnapping and assault. In a new press release, the U.S. Department of Justice (DOJ) says that Remy St. Felix, from West Palm Beach, was the mastermind of a burglary crew that targeted crypto owners from September 2022 to July […]

The post Florida Man Convicted for Violent Kidnapping, Assault and Crypto-Stealing Scheme appeared first on The Daily Hodl.

Russia adopts Bitcoin, crypto assets for cross-border transactions, finance minister says

Privacy Coin XMR Rebounds After Mid-April Low Climbing 37% in 30 Days

Privacy Coin XMR Rebounds After Mid-April Low Climbing 37% in 30 DaysThe privacy coin monero (XMR) has experienced a 7.7% increase in the last 24 hours and a 16.5% rise over the past week. Monero Trading Volume Doubles in 24 Hours After a prolonged decline and hitting a significant low in mid-April, monero (XMR) has recovered in value. For instance, on April 13, XMR was trading […]

Russia adopts Bitcoin, crypto assets for cross-border transactions, finance minister says

P2P XMR Exchange Localmonero/Agoradesk Announces Closure After Seven Years of Operation

P2P XMR Exchange Localmonero/Agoradesk Announces Closure After Seven Years of OperationIn a recent announcement, Localmonero/Agoradesk, a popular platform for trading monero (XMR), has decided to wind down its operations after nearly seven years. The decision, influenced by a mix of internal and external factors, initiates a six-month winding-down process starting from May 7, 2024. Effective immediately, all new signups and ad postings are disabled, and […]

Russia adopts Bitcoin, crypto assets for cross-border transactions, finance minister says

LocalMonero exchange shuts down as crypto privacy services dwindle

Monero’s version of LocalBitcoins is closing after 7 years of operations serving the XMR community.

Peer-to-peer trading platform for privacy coin Monero (XMR) has shuttered its services effective immediately, adding to the recent wave of crypto privacy closures and arrests. 

On May 7, LocalMonero announced that, effective immediately, all new signups and advertisement postings for Monero trades are disabled. On May 14, the platform will disable the trading of the privacy-focused crypto asset.

The firm cited “a combination of internal and external factors” but did not reveal the specific reasons for its closure.

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Russia adopts Bitcoin, crypto assets for cross-border transactions, finance minister says

Kraken Crypto Exchange Plans To Delist Monero in Two European Countries in Two Months

Kraken Crypto Exchange Plans To Delist Monero in Two European Countries in Two Months

One of the biggest centralized crypto exchange platforms in the world is planning on delisting a popular privacy-focused altcoin in two European nations in the coming months. In a new article, crypto exchange Kraken says it’s going to be delisting Monero (XMR), a blockchain focused on anonymity that launched in 2014, from Ireland and Belgium […]

The post Kraken Crypto Exchange Plans To Delist Monero in Two European Countries in Two Months appeared first on The Daily Hodl.

Russia adopts Bitcoin, crypto assets for cross-border transactions, finance minister says

BEAM and KAS Rise This Week Snagging Double-Digit Gains; XMR, FXS, and RON Face Sharp Declines

BEAM and KAS Rise This Week Snagging Double-Digit Gains; XMR, FXS, and RON Face Sharp DeclinesIn the past week, bitcoin has risen over 10% and ethereum has seen a growth of more than 7%. Meanwhile, several cryptocurrency assets have posted significant double-digit increases. Notably, beam (BEAM) experienced a surge of over 49%, and kaspa (KAS) enjoyed a 37% uptick in its value within the same timeframe. 7-Day Crypto Gainers and […]

Russia adopts Bitcoin, crypto assets for cross-border transactions, finance minister says