XMR Price Spike: Instigated by Significant BTC Theft

XMR Price Spike: Instigated by Significant BTC Theft A shocking surge in Monero (XMR) prices has been triggered by the theft of 3520 BTC, valued at approximately $330.7 million. According to reports by ZachXBT, the stolen Bitcoin was swiftly laundered through multiple instant exchanges, significantly impacting XMR’s market trajectory. Details Behind the Surge On April 28, 2025, a suspicious transfer from a potential victim’s wallet to an unidentified address was reported, marking the beginning of this significant event....

May 5, 2025 · 1 min · 169 words · Emma Monday

Monero Spikes After Laundering of $330M BTC Through XMR

Monero Spikes After Laundering of $330M BTC Through XMR In a stunning turn of events, Monero (XMR) has experienced a dramatic price spike, fueled by the laundering of $330 million worth of Bitcoin (BTC) through multiple exchanges. This incident raised significant eyebrows within the crypto community. Unpacking the Incident A suspicious transaction involving 3,520 BTC caught the attention of analysts and observers. The funds were traced back to a potentially compromised wallet....

May 1, 2025 · 2 min · 274 words · Emma Monday