Monero to Undergo Hard Fork

All Monero holders as of block 1529810 will become owners of MoneroV on March 14
21 February 2018   1979

MoneroV is a private cryptocurrency fork of the Monero blockchain. A split will occur at block 1529810 when MoneroV miners will start to create blocks on the MoneroV network.

The new MoneroV blockchain will contain the history of all transaction up until block 1529810 and all Monero coin holders will receive 10x their XMR balance amount as MoneroV coins (XMV) after the fork.

MoneroV hard fork roadmapMoneroV Roadmap

Features:

  • Decentralized peer-to-peer blockchain transaction consensus
  • Using lower transaction fees and advanced modification to the core mechanism in the way MoneroV calculates transactions and balances
  • Sending and receiving addresses are obfuscated, as well as all amounts being transferred in all transactions, and the identity cannot be linked or traced to a transaction on the MoneroV blockchain

Specifications:

  • Coin Supply - Capped at 256 Million XMV. Smooth emission decline until minimum
  • Circulating Supply at Hard Fork - ~158 Million XMV (10x circulating XMR supply as airdrop)
  • Proof of Work - CryptoNight (to be changed)
  • Difficulty Retarget - Every block, adjusted difficulty initially after Airdrop
  • Block Time - Every 120 seconds
  • Block Reward - Minimum of 6 XMV per block at 184,467,440 XMV in total emission
  • Block Size - Dynamic, max 2xM100

Monero holders prior to the hard-fork split that will occur in block 1529810 will receive 10 times their holdings in MoneroV coins.

No official statements regarding the support of the fork by exchanges were made yet.

Billionare's Wife Kidnappers to Demand €9M Worth XMR

Anna-Elizabeth Falkievik Hagen was allegedly abducted from her home, although the law enforcement agencies found no sign of hacking
10 January 2019   360

In late October, the wife of one of the wealthiest entrepreneurs in Norway, Tom Hagen, was kidnapped. The kidnappers are demanding a ransom of € 9 million in Monero, according to Norway Today.

Anna-Elizabeth Falkievik Hagen, 68, was allegedly abducted from her home, although the law enforcement agencies found no sign of hacking. A note with a ransom request was also found there.

Note that Interpol and Europol are involved in the investigation of the case of Falkievik, and the fact of the abduction was kept secret for a long time for security reasons.

Today, January 9, the police confirmed that Falkievik was abducted, and communication with the criminals takes place exclusively through some kind of "electronic platform". In addition, in December, the kidnappers could not provide evidence that she was still alive.

Probably the Falkievik case is the first time in Norway when a ransom is demanded in a cryptocurrency equivalent. Nevertheless, the police recommended that the criminals be denied their claims.

Tom Hagen is the founder of Elkraft AS, a power supply company. His fortune is estimated at 1.7 billion NOK (€ 170 million).

Earlier, employees of the local prosecutor’s office in Kiev and the National Police of Ukraine detained two suspects accused of stealing a miner in March of this year and stealing $ 50,000.

Now they face up to 15 years of imprisonment for robbery committed by a group of individuals in a preliminary conspiracy, infiltration and theft in a particularly large scale.