Hack

Monero Surges 50% to $388 After $330M Bitcoin Hack In an unexpected turn of events, Monero (XMR) soared 50%, reaching $388, triggered by a massive $330 million Bitcoin hack. The stolen BTC was swiftly converted to XMR, creating a substantial supply-demand shock in the market. XMRUSDT Surging After Large-Scale Bitcoin Conversion? The XMRUSDT pair emerged as the best-performing coin, outperforming even some of the most talked-about altcoins. Analysts speculated on the rapid increase in valuation, linking it to the large-scale conversion of stolen BTC to XMR, noted by blockchain expert ZachXBT....

Monero Suddenly Explodes 41% After Hackers Launder $330,000,000 in Bitcoin With XMR In a dramatic turn of events, Monero (XMR) has skyrocketed from $232 to $331 within hours, marking a staggering 41% increase following reports of hackers laundering a massive $330 million in Bitcoin through the privacy-focused cryptocurrency. Price Surge and Market Reactions On Monday morning, as the crypto market grappled with fluctuations, the sudden spike in XMR’s value was attributed to a suspicious transfer of 3520 BTC from a targeted wallet....