The Monero Moon is a curated newsletter covering all the latest news within Monero (XMR), driven by a compelling need to champion both freedom and financial privacy!

We usually post over on substack with more links and videos and memes if you want a superior reading experience! (Just google: The Monero Moon : to find us)

Table of Contents:

• Development, Releases, and Technology
• General News
• Events
• Exchanges and Merchants
• Community Crowdfunding
• Trading and Speculation
• Network Metrics

Development, Releases, and Technology

Cypher Stack published a report titled Monero Output Lock Analysis, examining output lock times in the Monero protocol. It focuses on balancing security and usability while discussing risks related to reorganizations, double spending, and user security. Read more here.

woodser released Haveno v1.0.11, a decentralized, peer-to-peer exchange for Monero. Updates include bug fixes, enhanced withdrawal confirmations, and reduced proof-of-work thresholds. Learn more here.

Cyrix126 launched Gupaxx v1.4.0, a tool simplifying Monero mining on P2Pool, now with UI improvements and bug fixes. Full details here.

Cake Labs released Cake Wallet v4.19.5 and Monero.com v1.16.5, with improvements to Bitcoin fee calculations and bug fixes. Get it here.

Plowsof posted a bounty to enable fast blockchain sync on Monero’s testnet for the Monero Stressnet project. More info here.

DiosDelRayo submitted a CCS proposal to develop an offline signing library for XmrSigner, aimed at improving performance and security. Details here.

Vtnerd (Lee Clagett) shared the first progress report for his Q3 2024 Monero CCS proposal, covering key achievements such as Socks v5 support for the Monero daemon and wallet. Read the report here.

Boog900 shared the first progress report for the Cuprate project CCS proposal. Key achievements include a full sync with the blockchain manager and alt-block handling. Details here.

General News

A recently leaked video, allegedly from Chainalysis, highlighted the challenges of tracking Monero. Investigators mentioned Monero’s strong privacy features, but noted techniques like transaction fingerprints and IP observations (pre-2020 Dandelion update). Discussion here.

Monero community discussions raised concerns about suspected malicious nodes like xmrnode.com, potentially logging RPC data and aiding transaction tracing. Join the discussion.

Events

• Monero Research Lab Meeting: September 11, 2024, at 17:00 UTC. Discussions on current projects and Pre-Seraphis Full-Chain Membership Proofs.
• Monero Tech Meeting: September 9, 2024, at 18:00 UTC. Topics include Full-Chain Membership Proofs (FCMPs) and long-term development.
• Monero Website Workgroup: September 8, 2024, at 19:00 UTC. Discussion on the new website CCS and design proposals.
• Monerotopia 2024: November 14-17, 2024, in Mexico City. Talks, workshops, and Monero Marketplace.

Exchanges and Merchants

• ShopinBit: Monero dominated August 2024 transactions, making up 58.15%. Source
• Coincards: Monero was the most used cryptocurrency in August 2024, accounting for 35.07% of total volume. Details
• NonKYC: Monero led the 24-hour trading volume on September 1st, at $900,000. View more
• FixedFloat restored XMR trading after resolving delisting issues. Learn more
• Monero.boats is offline due to law enforcement actions. Details

Network Metrics

• Total Monero in Circulation: 18,478,203 XMR
• XMR/USD Price: $171 USD
• Monero Network Hashrate: 3.00 Ghash/s More stats here.

As you can see, Monero isn’t dead. In fact it’s thriving 🙂