Monero
Monero Price Surge Linked to $330M Bitcoin Hack and Laundering Activity – ZachXBT Report
A suspicious $330.7 million Bitcoin transfer was swapped for Monero, according to on-chain researcher ZachXBT, likely triggering the privacy coin’s 40% price surge as the hacked funds were laundered through exchanges. Limited liquidity due to past exchange delistings amplified the impact of this large purchase, causing the significant price volatility. The cryptocurrency market witnessed a […]