Wybo Wiersma – a 40-year-old Oxford University graduate – has been sentenced to four and a half years in prison after scamming over $2 million in crypto from unsuspecting victims. Following his arrest in 2019, the Dutchman was extradited from the Netherlands back to the United Kingdom (UK) in 2021. Following a five-year investigation by the South East Regional Organised Crime Unit (SEROCU), he pled guilty on January 26 to the Oxford Crown Court. A Five-Year Investigation As reported by…
Monero
What is Monero (XMR)?
Monero (XMR) is a decentralized cryptocurrency that uses a technique called "ring signatures" to provide anonymity for its users. This means that when a transaction is made, it is not linked to a specific person or entity, making it difficult to trace the transaction's origin. It also uses a technique called "stealth addresses" to further protect the privacy of its users. Monero uses the CryptoNight proof-of-work algorithm to mine new coins, designed to resist specialized mining hardware (ASICs) use. This…
Block Education 
@BlockEducation
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3 weeks ago 
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