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…
XMR Price
Monero Confirms Bug in Decoy Algorithm Compromising Transaction Privacy
A “significant” bug has been spotted in the privacy-centric cryptocurrency monero (XMR). Monero developers have discovered a bug in the coin’s privacy algorithms that could potentially expose users’ actual transactions. XMR is open-source and privacy-oriented with worthless coins, dubbed “mixins” with the actual coins during a transaction. Unfortunately, the privacy advantage is now at risk. According to a Twitter post, the bug occurs when a user spends their funds received in a transaction before roughly 20 minutes elapse. Mitigating the…
2 years ago 591 views
Monero (XMR) Turns Bullish To Outperform BTC Amid Volatile Spree
XRM has outpaced bitcoin's gains over the last week and is still rocketing higher The 12th ranked crypto on CoinMarketCap is up by over 6% over the last 24-hour trading period and is currently trading at $53.94 Experts across the crypto world share their opinion on why XRM is set to surge even higher in the coming weeks Amidst the ongoing world economic crisis, one thing crypto investors look for is digital assets that can stand the test of time.…
3 years ago 474 views