CipherTrace Says Homeland Security Work Gave Rise to Monero-Tracking Patent Filings
CipherTrace has filed two patent applications it claims offer technologies that could help authorities in tracking monero transactions.
While Bittrex gave no reason for the removals, exchanges around the world have been moving to delist coins that seek to hide the activity of their users.
Monero's price broke its two-year high Tuesday amid rising concerns over cyber ransom.
Miners must compete using their machines to solve a difficult mathematical problem.
The city council member in Kramatorsk, Ukraine, bought 185,000 XMR in 2015 when the cryptocurrency's price was well below $1.
Crypto-jacking is giving nation-state hackers a decoy for their more malicious attacks, Microsoft cautioned in a report.