After a $330M Bitcoin Hack, Monero Surges 50% in a Stunning Turn of Events

  • TL;DR $330M Bitcoin Hack: A suspected hack involving 3,520 BTC saw criminals rapidly launder stolen funds through multiple instant exchanges, converting much of it into Monero (XMR). Monero Rally: The unexpected conversion spurred a rush by investors, driving Monero's price up by 50% as traders sought its untraceable, privacy-focused benefits.