$330 Million Bitcoin theft triggers sharp 22% Monero rally to 4-year high

Monero (XMR) has soared to its highest price in four years after reports linked the privacy coin to a significant crypto theft. On April 28, blockchain analyst ZachXBT revealed a suspicious transfer involving 3,520 Bitcoin (BTC), worth about $330.7 million. The blockchain analyst explained that the victim is a “longtime Bitcoin holder” who is likely…

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ZachXBT flags suspicious $330M Bitcoin transfer triggering Monero surge

Onchain sleuth ZachXBT has flagged a suspicious transfer involving 3,520 Bitcoin (BTC) (valued at $330.7 million) that may indicate a major theft. The transaction, reported on April 28, saw funds moved from a potential victim’s wallet to the address bc1qcry…vz55g. Following the transfer, the stolen stash was quickly laundered through over six instant exchanges and…

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Nexo back in the United States as Trump Jr. attends exclusive event

Cryptocurrency services platform Nexo announced that it is reentering the US market after facing previous regulatory challenges. According to an April 28 announcement, Nexo’s reentry event featured Donald Trump Jr., who said that he thinks “crypto is the future of finance,” adding: “We see the opportunity for the financial sector and want to ensure we…

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Bitget to pursue legal action against 8 users who profited over $20M from VOXEL trading fiasco

Crypto exchange Bitget has announced it will pursue legal action against eight users accused of profiting over $20 million from a trading glitch involving the VOXEL token. On April 27, Bitget’s executive Xie Jiayin stated that the individuals were part of a coordinated “wool-pulling interest group” that took advantage of a system vulnerability.. He wrote:…

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