Monero
Why Monero is down 1.0% in the last hour
Analysis
Monero (XMR) slipped about 1.0% 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. Even without any disclosed findings yet, the prospect of heightened scrutiny can weigh on privacy-coin sentiment in the near term, contributing to a modest pullback.
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.