Tag Archive for: Price

Monero (XMR) Price Analysis: Did XMR Drip After Wallet Exploit?

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The Monero community wallet was hit by a major exploit, resulting in the loss of its entire balance of 2,675.73 Monero (XMR), worth almost $460,000. The cause and source of the exploit are currently unidentified. 

The attacker reset the balance of the community wallet in nine separate transactions. 

Late Disclosure By Monero 

According to reports, the hack in question took place on the 1st of September. However, it was disclosed on GitHub after two months, on the 2nd of November, 2023, by Monero developer Luigi, who stated that the community wallet had been completely emptied. The developer also stated that the source of the breach was yet to be identified. 

“The CCS Wallet was drained of 2,675.73 XMR (the entire balance) on the 1st of September, 2023, just before midnight. The hot wallet, used for payments to contributors, is untouched; its balance is ~244 XMR. We have thus far not been able to ascertain the source of the breach.”

However, cybersecurity firm SlowMist stated that it was unlikely the hack was a result of a loophole in the Monero privacy model. Moonstone Research was investigating how the attacker moved the stolen funds. Their analysis revealed some interesting results, and they were able to trace three of the hacker’s transfers.

Monero’s Community Crowdfunding system funds development proposals from members. Monero developer Ricardo’ Fluffypony’ Spagni, the only other individual with access to the wallet seed phrase, noted, 

“This attack is unconscionable, as they’ve taken funds that a contributor might be relying on to pay their rent or buy food.”

According to Luigi, the CSS wallet was set up on an Ubuntu system in 2020, along with a Monero node. 

Details Of The Hack 

Luigi used a hot wallet to make payments to community members. This wallet has been on a Windows 10 Pro desktop since 2017. The hot wallet was funded by the CSS wallet as and when needed. However, on the 1st of September, the CSS wallet was wiped clean in nine transactions. Following the incident, the Monero core team is calling for the General Fund to cover current liabilities. Spagni noted in the GitHub thread, 

“It’s entirely possible that…

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HACK Stock Price | ETFMG Prime Cyber Security ETF

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BMO Capital Markets Cuts Zscaler (NASDAQ:ZS) Price Target to $133.00

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Zscaler (NASDAQ:ZS – Get Rating) had its price target reduced by analysts at BMO Capital Markets from $145.00 to $133.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ target price points to a potential upside of 11.32% from the company’s previous close.

→ My #1 EV Stock (NOT Tesla) (From Oxford Club)pixel

A number of other equities analysts have also recently weighed in on ZS. Scotiabank assumed coverage on shares of Zscaler in a research report on Tuesday, January 17th. They issued a “sector outperform” rating and a $115.00 price objective for the company. The Goldman Sachs Group assumed coverage on shares of Zscaler in a research report on Tuesday, February 14th. They issued a “neutral” rating and a $148.00 price objective for the company. Stifel Nicolaus decreased their price objective on shares of Zscaler from $165.00 to $135.00 in a research report on Friday. UBS Group decreased their price objective on shares of Zscaler from $200.00 to $180.00 and set a “buy” rating for the company in a research report on Friday, December 2nd. Finally, Wedbush decreased their price objective on shares of Zscaler from $180.00 to $150.00 in a research report on Friday. Twelve research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $174.44.

Zscaler Trading Down 10.9 %

Shares of NASDAQ ZS traded down $14.65 during trading on Friday, hitting $119.48. 4,563,912 shares of the company traded hands, compared to its average volume of 2,528,963. Zscaler has a 1 year low of $99.64 and a 1 year high of $253.74. The company has a 50-day moving average price of $122.11 and a 200-day moving average price of $139.38. The firm has a market capitalization of $17.23 billion, a P/E ratio of -45.95 and a beta of 0.88. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 2.64.

Zscaler (NASDAQ:ZS – Get Rating) last announced its quarterly earnings results on…

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Top-class hardware and features at an affordable price

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Buying a cheap tablet is easy, but finding one with decent specifications and good hardware can be a little more difficult. Nokia released the T20 in late 2021, their first budget-friendly Android tablet and at the end of last year, they announced its successor the T21, which I’ve been using since before Christmas to see if it’s a worthy upgrade.

Design

The T21 looks more premium than the T20 and features a more premium look and finish. The charcoal grey colour has a matte finish with a two-tone effect with a band running across the top of the rear with the flash and camera module on the right and a chrome effect Nokia logo on the left.

Nokia T21 in charcoal grey. Picture: Noel Campion.
Nokia T21 in charcoal grey. Picture: Noel Campion.

I like that the corners are rounded, but not as much as the T20. The bezels are not tiny but are even all the way around and the front-facing camera is housed in the centre on the long edge of the top bezel.

On the left and right edges are two slotted holes for the stereo speakers which offer excellent sound for such a small and slim tablet — the sound quality is much better than I was expecting for such an affordable tablet.

On the bottom right is a 3.5mm headphone jack — a welcome inclusion. The internal DAC isn’t very powerful, so don’t expect power-hungry audiophile headphones to run well although I found more efficient IEMs worked fine in my testing. Also, using the 3.5mm audio cable as an antenna, you can use the T21 to receive FM radio channels.

The Nokia T21 features upgradable storage and 4G SIM support. Picture: Noel Campion.
The Nokia T21 features upgradable storage and 4G SIM support. Picture: Noel Campion.

On the top edge are two holes for the stereo mics. On the left is a volume rocker and on the right is a SIM and microSD card tray. My review variant of the T21 supported WiFi plus 4G — it also comes with a caller app and I was able to make standard phone calls with a SIM installed while at my desk — I’m not suggesting you do this when out and about with your tablet unless you’re using a headset.

Display

The screen is 10.36 inches with a peak brightness of 360 nits, which is too dim for viewing content outside, but perfect for indoors. It supports Wacom Active pens, but I didn’t have one of those to test. Strangely, Nokia doesn’t sell these on their…

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