Monero
Why Monero is up 1.3% in the last hour
Analysis
Monero (XMR) rose 1.3% over the past hour after CoinDesk reported that the researcher who recently uncovered a Zcash bug using AI has added Monero to his audit queue. The news likely improved near-term sentiment by signaling increased security scrutiny and attention on Monero’s codebase, prompting modest buying.
Contributing Factors (1)
Researcher who found Zcash's bug with AI adds Monero to his audit queue
Taylor Hornby, who uncovered the Orchard flaw that sent Zcash down 38%, says other privacy coins are on his list too.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.