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$330M Bitcoin Heist Sparks 22% Monero Surge—Privacy Coin Hits 4-Year Peak as Crypto Thieves Pivot
$330M Bitcoin Heist Sparks 22% Monero Surge—Privacy Coin Hits 4-Year Peak as Crypto Thieves Pivot
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When $330 million in Bitcoin vanishes, crypto’s favorite privacy token moons. Monero rockets 22% overnight—touching levels not seen since 2021—as hackers apparently ditch traceable BTC for XMR’s opaque ledger.
The irony? A theft highlighting crypto’s security flaws just pumped the very coin regulators love to hate. Meanwhile, bagholders cheer the ’hedge’ play while ignoring the elephant in the room: cybercriminals now set the market’s agenda.
Bonus jab: Wall Street still can’t decide whether to ban privacy coins or just charge 2% for ’compliant’ versions.
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