Forwarded from BlackBox (Security) Archiv
US Authorities Can Now Track the Privacy-Focused Monero Cryptocurrency
The leading crypto intelligence firm CipherTrace has developed a toolset to assist U.S. law enforcement to track the privacy-centric Monero cryptocurrency.
The cryptocurrency analytics firm CipherTrace has made the announcement that they have created a toolset designed to help trace transactions made using the privacy-centric Monero virtual currency – stating that they did so under contract with the U.S. Department of Homeland Security (DHS).
‼️ Monero Can Now Be Tracked
A press release by CipherTrace stated that the goal behind development of the tracing tools was harnessed from the U.S. law enforcement need to track the transactions made across criminal networks using the Monero cryptocurrency.
The firm reflected on the fact that Monero has since grown to become the second most popular digital coin in the dark web – with estimate figures indicating that about 45 percent of dark web platforms have adopted Monero integration.
It is for the above reason that law enforcement interest has developed around the digital currency as the facilitator of darknet-backed cybercriminal enterprises. As mentioned already, Monero offers far better features than Bitcoin, including the ring signature mechanism to ensure user anonymity.
Ring signatures work to mix transactions so that when third party actors try to figure out the source of funds sent in Monero, it will appear as though multiple users participated in the transaction. The feature makes it virtually impossible for law enforcement agencies to identify the true sources of such funds.
👀 👉🏼 http://tapeucwutvne7l5o.onion/us-authorities-can-now-track-the-privacy-focused-monero-cryptocurrency
👀 👉🏼 https://ciphertrace.com/ciphertrace-announces-worlds-first-monero-tracing-capabilities/
#monero #cryptocurrency #ciphertrace #usa #authorities #tracing #Privacy #thinkabout
📡@cRyPtHoN_INFOSEC_DE
📡@cRyPtHoN_INFOSEC_EN
📡@BlackBox_Archiv
📡@NoGoolag
The leading crypto intelligence firm CipherTrace has developed a toolset to assist U.S. law enforcement to track the privacy-centric Monero cryptocurrency.
The cryptocurrency analytics firm CipherTrace has made the announcement that they have created a toolset designed to help trace transactions made using the privacy-centric Monero virtual currency – stating that they did so under contract with the U.S. Department of Homeland Security (DHS).
‼️ Monero Can Now Be Tracked
A press release by CipherTrace stated that the goal behind development of the tracing tools was harnessed from the U.S. law enforcement need to track the transactions made across criminal networks using the Monero cryptocurrency.
The firm reflected on the fact that Monero has since grown to become the second most popular digital coin in the dark web – with estimate figures indicating that about 45 percent of dark web platforms have adopted Monero integration.
It is for the above reason that law enforcement interest has developed around the digital currency as the facilitator of darknet-backed cybercriminal enterprises. As mentioned already, Monero offers far better features than Bitcoin, including the ring signature mechanism to ensure user anonymity.
Ring signatures work to mix transactions so that when third party actors try to figure out the source of funds sent in Monero, it will appear as though multiple users participated in the transaction. The feature makes it virtually impossible for law enforcement agencies to identify the true sources of such funds.
👀 👉🏼 http://tapeucwutvne7l5o.onion/us-authorities-can-now-track-the-privacy-focused-monero-cryptocurrency
👀 👉🏼 https://ciphertrace.com/ciphertrace-announces-worlds-first-monero-tracing-capabilities/
#monero #cryptocurrency #ciphertrace #usa #authorities #tracing #Privacy #thinkabout
📡@cRyPtHoN_INFOSEC_DE
📡@cRyPtHoN_INFOSEC_EN
📡@BlackBox_Archiv
📡@NoGoolag
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