#monero

The largest Monero mining pool shuts down

The largest XMR hash rate mining pool announced its shutdown in favor of a decentralized peer-to-peer counterpart. 

Monero developer to be extradited to South Africa

Riccardo Spagni, a former developer of the anonymous cryptocurrency XMR, will be extradited to the Republic of South Africa (RSA), accused in a decade-old fraud case. He faces 20 years in prison. 

Monero mining pool took 47.5% of all capacities, while investors point to a possible 51% attack

Why is it so important?

• This could lead to drastic changes in the operating rules of the entire blockchain network. 
• This can affect the value of the Monero digital coin