Monero price

Monero, zcash and other privacy coins, a type of digital token that provides users with enhanced anonymity, are surging in cryptocurrency markets.

The popular privacy coin might not be so private anymore, as CipherTrace claims to have developed tools to trace it.

The U.S. Internal Revenue Service (IRS) has put out a call for information about potential tools it can use to track different types of cryptocurrency transactions as part of an investigative pilot program. The post IRS seeks info on tracing privacy coins, Lightning network transactions for pilot program appeared first on The Block.

More than 3.1 billion transactions have been made across two dozen cryptocurrency networks over the past ten years, a company that tracks the Ethereum transaction mempool found. The post Over 3.1 billion transactions have been processed across 24 crypto networks in the past decade: researchers appeared first on The Block.

The use of bitcoin in darknet markets, such as for buying illegal drugs, has continued to grow, according to data from Chainalysis. However, its share on such markets accounts for less than 1% of all bitcoin transactions, according to Elliptic. In its new Crypto Crime Report, published Tuesday, Chainalysis said over $600 million worth of […] The post Bitcoin’s use in darknet markets continues to grow: Chainalysis appeared first on The Block.