transactions only to initial nodes they know and trust. I don’t know how to do that
Create your own fullnode and leave it running all the time. So don't just start it when it is needed for transactions or interactions with Monero. There are also very accessible methods for this, such as PiNodeXMR, which easily converts an SBC such as RaspberryPi into a secure Monero full node.
Use Tor and a known trusted Tor node, e.g. hashvaultsvg2rinvxz7kos77hdfm6zrd5yco3tx2yh2linsmusfwyad.onion from hashvault Pool.
Adding the ban-list to your Monero GUI wallet or your Monero node prevents connections from being made to other nodes that are suspected of harming the Monero network. You don't have to add a ban list, it's voluntary, just an official recommendation. But everyone who adds a ban-list contributes to the security of Monero.
Don't worry, it's not a problem. It's just that every connection to the potentially spying nodes on this list that is blocked potentially strengthens the Monero network privacy.
Node operators who use this list should subscribe to Boog900/monero-ban-list updates so that a new version can be added when changes are made to the list.
If your run your own local node through the GUI wallet, go to Settings. In the "Daemon startup flags" box, input "--ban-list ". Then click the orange "Stop daemon" button. It will take a few seconds for the daemon to shut down. Then click the orange "Start daemon" button. If you use a remote node, whoever operates the remote node will decide if the ban list is enabled.
If your run your own local node through the GUI wallet, go to Settings. In the "Daemon startup flags" box, input "--ban-list ". Then click the orange "Stop daemon" button. It will take a few seconds for the daemon to shut down. Then click the orange "Start daemon" button. If you use a remote node, whoever operates the remote node will decide if the ban list is enabled.
Dubai-based crypto exchange XT.com has suspended withdrawals after a hacker reportedly stole up to $1.7 million before converting it into ether (ETH).
A statement from XT this morning claims the exchange suffered an “abnormal transfer” of crypto from its platform wallet with the address 0xdb3ded7731c781224ec292e2163d9554c094fd7c.
“The amount involved in this incident is approximately 1 million USDT across 12 different currencies,” XT claimed.
However, the crypto security firm PeckShieldAlert reports that the exchange appears to have been hacked. It claims that the stolen funds were converted into 461.58 ETH, worth almost $1.7 million at the time of writing, and are sitting in an Ethereum address.
XT claims, “Our technical team is currently conducting an urgent investigation,” and noted it will release a “Merkel Tree Asset Proof System” in mid-December as a means of improving security and transparency.
It also stressed that the theft would not affect its users as its reserves are 1.5x larger than the user assets it holds. “These assets are owned by the platform and will not in any way harm the interests of our customers or users,” the exchange added.
Three hours ago, XT said it had to suspend coin withdrawals because of a “wallet upgrade and maintenance.”
The exchange claims to have 7.8 million registered users. Coingecko puts its 24-hour trading volume at almost $3.4 billion and claims it has almost $48 million in exchange reserves.
I am afraid only Monero community cares about privacy in every aspect
Only a small proportion of people who value the protection of their personal privacy use Monero. Many internet users could potentially find out about XMR and be interested in it.
Will my KYC exchange account get restricted if I sell my crypto on XMR-listing, non-kyc exchange like Trocador for let's say ETH and send it to my KYC exchange account?
No, you can of course read the terms and conditions, but the simple answer is that the KYC exchange cannot see this at all. The best thing to do is to first send the amount for the sale from your normal wallet to a newly created wallet and from there to the instant exchange after a certain amount of time. So take an intermediate step, an additional new wallet.
The technology is neutral. Anyone who wants to transmit monetary values can use XMR Monero. Of course, you must comply with the laws of your country. One assumption as to why there seems to be little exchange with RUB is that users also have access to other currencies such as Swiss francs, euros or US dollars.
As already discussed here.
Not a surprise to us on this website here.
Monero is the successor of Bitcoin:
👍
Create your own fullnode and leave it running all the time. So don't just start it when it is needed for transactions or interactions with Monero. There are also very accessible methods for this, such as PiNodeXMR, which easily converts an SBC such as RaspberryPi into a secure Monero full node.
Use Tor and a known trusted Tor node, e.g. hashvaultsvg2rinvxz7kos77hdfm6zrd5yco3tx2yh2linsmusfwyad.onion from hashvault Pool.
Use VPN (and a known trusted node)
Adding the ban-list to your Monero GUI wallet or your Monero node prevents connections from being made to other nodes that are suspected of harming the Monero network. You don't have to add a ban list, it's voluntary, just an official recommendation. But everyone who adds a ban-list contributes to the security of Monero.
Use VPN/Tor and the wallets from Cake Wallet and Edge.app.
Don't worry, it's not a problem. It's just that every connection to the potentially spying nodes on this list that is blocked potentially strengthens the Monero network privacy.
Node operators who use this list should subscribe to Boog900/monero-ban-list updates so that a new version can be added when changes are made to the list.
Monero GUI wallet
If your run your own local node through the GUI wallet, go to Settings. In the "Daemon startup flags" box, input "--ban-list ". Then click the orange "Stop daemon" button. It will take a few seconds for the daemon to shut down. Then click the orange "Start daemon" button. If you use a remote node, whoever operates the remote node will decide if the ban list is enabled.
Monero GUI wallet
If your run your own local node through the GUI wallet, go to Settings. In the "Daemon startup flags" box, input "--ban-list ". Then click the orange "Stop daemon" button. It will take a few seconds for the daemon to shut down. Then click the orange "Start daemon" button. If you use a remote node, whoever operates the remote node will decide if the ban list is enabled.
Dubai-based crypto exchange XT.com has suspended withdrawals after a hacker reportedly stole up to $1.7 million before converting it into ether (ETH).
A statement from XT this morning claims the exchange suffered an “abnormal transfer” of crypto from its platform wallet with the address 0xdb3ded7731c781224ec292e2163d9554c094fd7c.
“The amount involved in this incident is approximately 1 million USDT across 12 different currencies,” XT claimed.
However, the crypto security firm PeckShieldAlert reports that the exchange appears to have been hacked. It claims that the stolen funds were converted into 461.58 ETH, worth almost $1.7 million at the time of writing, and are sitting in an Ethereum address.
XT claims, “Our technical team is currently conducting an urgent investigation,” and noted it will release a “Merkel Tree Asset Proof System” in mid-December as a means of improving security and transparency.
It also stressed that the theft would not affect its users as its reserves are 1.5x larger than the user assets it holds. “These assets are owned by the platform and will not in any way harm the interests of our customers or users,” the exchange added.
Three hours ago, XT said it had to suspend coin withdrawals because of a “wallet upgrade and maintenance.”
The exchange claims to have 7.8 million registered users. Coingecko puts its 24-hour trading volume at almost $3.4 billion and claims it has almost $48 million in exchange reserves.
Only a small proportion of people who value the protection of their personal privacy use Monero. Many internet users could potentially find out about XMR and be interested in it.
When many other markets crash, Monero often remains stable. It would therefore make sense to exchange into XMR when prices are falling.
Put the Monero.com wallet on a mobile device. In the bar at the bottom is the 'Buy' option.
Isn't it? decentraliced mining 😇
No, you can of course read the terms and conditions, but the simple answer is that the KYC exchange cannot see this at all. The best thing to do is to first send the amount for the sale from your normal wallet to a newly created wallet and from there to the instant exchange after a certain amount of time. So take an intermediate step, an additional new wallet.
Interesting observation, would it be difficult to detect such anomalies automatically?
The technology is neutral. Anyone who wants to transmit monetary values can use XMR Monero. Of course, you must comply with the laws of your country. One assumption as to why there seems to be little exchange with RUB is that users also have access to other currencies such as Swiss francs, euros or US dollars.
That depends on the laws of where you are.
Wonderful wallets like Monero.com and Edge.app already have this integrated and it works beautifully every time!