• About
  • Contact
  • Our Team
  • Privacy Policy
Newsletter
Crypto Recorder
Advertisement
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Litecoin
  • Investing
  • Ripple XRP
  • Education
  • Contact Us
    • Become a Contributor
  • Advertise With Us
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Litecoin
  • Investing
  • Ripple XRP
  • Education
  • Contact Us
    • Become a Contributor
  • Advertise With Us
No Result
View All Result
Crypto Recorder
No Result
View All Result
Home News Altcoins

Monero (XRM) Gets Listed on Huobi Pro after Lithium Luna Upgrade

Maja Rogic by Maja Rogic
June 10, 2018
in Altcoins, News
Stellar
1
SHARES
Share on FacebookShare on Twitter

Monero (XMR) was once dubbed the top privacy coin; however, it seems that XRM met media silence since there wasn’t much activity going around Monero for the past couple of months. Monero did publish a wallet update more than a month ago, but it seems that the team behind XRM values modesty over publicity, as neither did their latest upgrade gained the perhaps needed media attention. Whatever the case, Monero has announced their latest upgrade called Lithium Luna. Besides from updating their digital wallet and releasing Ledger Nano S, which is a hardware wallet for storing XRM, Monero went through some serious changes, followed by ano0ther listing.

Monero and the Latest Updates

Related articles

Dogecoin (DOGE)

Dogecoin (DOGE) – One of the most practical cryptos in the market

February 22, 2019
Cardano

Cardano (ADA) has proven it’s a resilient project: Good times ahead

February 21, 2019

A little bit over than a month ago, Monero has surprised the XRM users with a new wallet. Since then, there has been another wallet upgrade that came almost a week ago, on June 4th, when the team behind XRM announced that their Ledger Nano S hardware wallet has just become available along with the latest client version called Lithium Luna.

Since there has been a new update for the XRM wallet, the team behind the privacy coin had to modify the system in order for the new wallet to make a perfect fit for Monero ecosystem. That is how the humble team of Monero decided to update the system as well, providing their users with more than a digital wallet.

The new client version 0.12.2.0 has become available for the public, although the team announced that the initial GUI binary codes will become available with the next week, which should be any day now at the time of this writing. The GUI binary codes should come as a backup for the new GUI design, which means that the users will most probably get introduced with a completely new design of the platform in several days. However, it is not confirmed whether there will be a rebranding of the design, although it is confirmed that the users will be able to use a more user-friendly ecosystem with the latest updates.

Moreover, the team has made this privacy coin a little more private as it has changed and tweaked their Proof-of-Work, which means that they have taken a step further for preventing ASIC miners from attacking the network in form of DOS attacks.

Many analysts consider that Proof-of-Stake protocol makes up for a much safer system for protecting a blockchain network, whether Proof-of-work leaves some room for potential SHTF scenarios where a hacker attack might take place. Although Monero didn’t switch their protocol to PoS, they have taken a further action into integrating a minor change into their PoW protocol, which additionally protects the network from DOS attacks. Lithium Luna had over 1600 commits over the time of its development, while there were over 80 developers working on the new updates. After announcing the new updates while releasing the new client version for the XRM users, the public had a chance to catch up with yet another interesting announcement that followed up.

Apparently, Monero has had a new listing.

Monero and Huobi Pro

After the announcement of having Lithium Luna released on June 4th, there came another great announcement for Monero and XRM users.

This time, Monero has gained a new chance for strategically increasing its visibility in the market, given the fact that Huobi just got it listed on their exchange platform. Huobi is known for having a billion dollar worth of trading volumes with short periods of only 24 hours, so having XRM listed on this exchange might consequently sky-rocket it back to its record price.

So far, XRM has set its record price back in January 2018 when the majority of currencies were setting their all-time highs while having Monero reaching a personal record of over 430$ per one unit. Now, Monero is down by nearly -7% at the time of the writing which makes it tradable at the price of 147$ per one XRM.

Despite getting a listing on Huobi Pro, Monero seems to be suffering from Getting delisted from two exchanges from Japan and South Korea, which seem to have decided to delist all privacy coins the same way they have enlisted them. That is how Monero wasn’t the only privacy coin to leave Korbit and Coincheck, as the two exchanges have also delisted Dash and ZCash alongside with XRM.

Monero might have lost two strategic listings; however, Huobi Pro might be able to pull out a smooth return in the market for XRM in the following weeks.

Tags: Huobi ProMoneroXMRXMR Lithium Luna Upgrade
Share1TweetShare
Previous Post

TRON (TRX) Price Woes Coming to an End Early Q3

Next Post

Ripple (XRP), IOTA (MIOTA) & EOS (EOS) technical analysis 11th June – Hold on to fiat & wait for buying opportunities!

Related Posts

Dogecoin (DOGE)
Altcoins

Dogecoin (DOGE) – One of the most practical cryptos in the market

February 22, 2019
Cardano
Altcoins

Cardano (ADA) has proven it’s a resilient project: Good times ahead

February 21, 2019
Digibyte vs Litecoin
Altcoins

Digibyte (DGB) v Litecoin (LTC) – Which one is a better investment in 2019?

February 20, 2019
Cardano
Altcoins

Ethereum (ETH) could keep rising in anticipation of ETH staking

February 18, 2019
Dogecoin
Altcoins

Dogecoin (DOGE) – Tinder could be a big deal for Dogecoin: Is this the beginning of a bull run?

February 17, 2019
Digibyte
Altcoins

Digibyte (DGB) – Digiassets testing on-going: Bright future ahead for Digibyte

February 16, 2019

Leave a Reply Cancel reply

Your email address will not be published.

No Result
View All Result





Latest News

  • Trending
  • Comments
  • Latest
Cardano

Cardano (ADA) has proven it’s a resilient project: Good times ahead

February 21, 2019
Digibyte vs Litecoin

Digibyte (DGB) v Litecoin (LTC) – Which one is a better investment in 2019?

February 20, 2019

Cardano (ADA) to hit $10 within the next one year!

January 19, 2018
Dogecoin (DOGE)

Dogecoin (DOGE) – One of the most practical cryptos in the market

February 22, 2019
Cardano

Cardano (ADA) – 4 Dlab/Emurgo projects that instill faith in Cardano: The future is bright!

February 15, 2019
Digibyte

Digibyte (DGB) – Digiassets testing on-going: Bright future ahead for Digibyte

February 16, 2019
Dogecoin (DOGE)

Dogecoin (DOGE) – One of the most practical cryptos in the market

February 22, 2019
Cardano

Cardano (ADA) has proven it’s a resilient project: Good times ahead

February 21, 2019
Digibyte vs Litecoin

Digibyte (DGB) v Litecoin (LTC) – Which one is a better investment in 2019?

February 20, 2019
Cardano

Ethereum (ETH) could keep rising in anticipation of ETH staking

February 18, 2019
Funding

The Top 7 Sources of Startup Business Funding

February 18, 2019
Dogecoin

Dogecoin (DOGE) – Tinder could be a big deal for Dogecoin: Is this the beginning of a bull run?

February 17, 2019



Crypto Recorder

CryptoRecorder.com is a Dedicated Cryptocurrency news website and writes a variety of educational articles related to smart crypto trading, bitcoin and altcoins. You will find a details article on almost every hot altcoin and unbiased analysis of coins.

Recent Posts

  • Dogecoin (DOGE) – One of the most practical cryptos in the market
  • Cardano (ADA) has proven it’s a resilient project: Good times ahead
  • Digibyte (DGB) v Litecoin (LTC) – Which one is a better investment in 2019?

Follow Us

Facebook Twitter Google+ RSS

Newsletter

© 2017 JNews – Premium WordPress news & magazine theme by Jegtheme.

  • About
  • Contact
  • Our Team
  • Privacy Policy
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Litecoin
  • Investing
  • Ripple XRP
  • Education
  • Contact Us
    • Become a Contributor
  • Advertise With Us

© 2018 Copyright CryptoRecorder.