$330M Bitcoin Heist Sparks 22% Monero Surge—Privacy Coin Hits 4-Year Peak as Crypto Thieves Pivot

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2025-04-28 09:43:54

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

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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