Today Monero price became more $ 240

Monero hit own price record on December, 05 and can grow up more
05 December 2017   681

The price charts indicate that the prices of the privacy-focused cryptocurrency Monero are at an all-time high and could grow up else. CoinMarketCap reported the XMR has appreciated 19 percent in the last 24 hours. Monero (XMR) moved hit previous record over $ 210 today and was trading at the new lifetime over $ 240.12. In the short-term Monero could grow up to $265–$270 levels.

Also this cryptocurrency could became more popular including due to using payments scheme in music industry. A range of well-known musicians for example Mariah Carey, G-Eazy, Marilyn Manson and more has begun accepting the privacy-oriented cryptocurrency Monero. Now users can buy albums and merchandise at a discounted cost, including 15 percent reductions on items from Carey's store, Mötorhead, Alice Cooper and more.

CoinMarketCap data shows the rally is being in part fueled by Korean desks. Volumes of trading pair of XMR/KRW which  one of the largest South Korean exchanges Bithumb reported about, have grown up by 30 percent over the last day.

Japan to Give First Jail Sentence For Hidden Mining

Unemployed 24-year-old resident of the city of Amagasaki received one year's imprisonment with a three-year suspended sentence
03 July 2018   311

The Japanese court for the first time issued a guilty verdict for using a hidden mining of cryptocurrency, Bitcoin com reports.

On July 2, the Sendai District Court sentenced an unemployed 24-year-old resident of the city of Amagasaki, Hyogo Prefecture, to one year's imprisonment with a three-year suspended sentence.

This verdict was the first decision in the case of the spread of the browser-based CoinHive Miner to other people's computers for the hidden mining of Monero.

In the autumn of 2017, three suspects created websites that installed a virus-mining program on their devices without their consent.

One of them, the law enforcement agencies of Japan have imposed a fine of 100 thousand yen (about $ 900) for the illegal deployment of the virus. He himself, however, argued that in fact this program is not a virus, but is "a method similar to what is used to distribute online advertising."

Since June 18, the Financial Services Agency of Japan (FSA) has banned anonymous crypto-currencies, including Monero, because of the potential for their use in fraudulent purposes.

Also this week it became known that the Agency is considering the possibility of changing the regulatory and legal framework for controlling exchange operations with bitcoin and other cryptocurrencies.