Search results for "XMR"

The cryptocurrencies with the highest pump are BCH, ALGO, XMR: US-made and Privacy Coin lead the market recovery.

Gate News, amidst the fluctuations in the Crypto Assets market, certain types of alts are showing strong rebound momentum. This week, the cryptocurrency known as "Made in America," such as Bitcoin Cash (BCH) and Algorand (ALGO), surged significantly on Monday, outperforming the market in the past 24 hours. Similarly, the Privacy Coin Monero (XMR) has maintained a bullish trend after last week's rebound and is expected to rise further. The performance of these coins may signal a new direction for market recovery.
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Haven Protocol Under Attack

ChainCatcher News, Haven Protocol suffered a severe attack due to a vulnerability in the 'range proof verification'. The vulnerability allowed Hackers to illegally mint XHV without being noticed. The amount of XHV reported by the exchange exceeded 500 million, while audit data showed that the current supply is only 263 million. The excess amount may have been generated through the vulnerability. The team has confirmed that the problem originated from Haven 3.2 based on Monero.
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Odaily Planet Daily News: Cryptocurrency mining pool 2Miners announced on X platform that it will delist the Monero (XMR) mining pool on June 10th. Users can continue to use their CPUs for Zephyr (ZEPH) mining.
According to the US Department of Justice, the US federal government has successfully cracked down on the darknet drug trading market, Incognito Market, which involves cryptocurrency transactions totaling up to $80 million. The Department of Justice stated that this market facilitated the sale of various illegal drugs, and its main administrators have been arrested. The total transaction volume of this market reached $100 million, with $80 million in cryptocurrency, mainly Bitcoin and privacy-focused Monero (XMR). (TheBlock)

ZachXBT: The $330 million BTC theft incident was a social engineering theft targeting an elderly person in the U.S.

The social engineering tactics have led to the confirmation of a theft of 330 million USD in Bitcoin from American seniors, with the stolen funds converted into Privacy Coin XMR, which has surged. The attackers gained access to the victims' Wallets, transferring 3520 BTC and laundering the money through 6 trading platforms. The price of XMR has skyrocketed by 50%, and the incident has been confirmed.
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3520 BTC stolen in a social engineering attack were victims who are elderly Americans.

PANews reported on April 30 that according to ZachXBT, a previous theft of 3,520 BTC (approximately $331 million) has begun to be laundered through at least six swap platforms and exchanged for XMR, causing a temporary surge in XMR prices. It has now been confirmed that this incident involves a social engineering scam targeting an elderly American, and the source of funds from the involved Address is "rather suspicious."
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Gate.io Evening Market (2-7 18:00)

ETH current price: $2372.82, 24-hour change +1.66%; BTC current price: $43159.4, 24-hour change +0.33%; ID now: $0.5004, 24-hour change +78.92%; ONDO Current: $0.23232, 24H +2.32%; XMR current price: $126.22, 24-hour up -9.47%; GT current price: $4.772, 24-hour change +1.51%.
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Gate.io Morning Report (2-7 9:00)

ETH current price: $2379.86, 24-hour change +3.35%; BTC current price: $43087.2, 24-hour change +1.10%; XMR current price: $109.32, 24-hour change -34.01%; ONDO Current: $0.22367, 24H Change +5.9%; LINK Current: $18.264, 24H -4.68%; GT current: $4.763, up +1.31% in 24 hours.
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ZachXBT: Suspected 3520 BTC was quickly exchanged for XMR after being stolen, causing the XMR price to rise by 50%

PANews April 28 news, according to monitoring by ZachXBT, about 9 hours ago, a suspected theft of 3520 BTC (approximately 330.7 million USD) was transferred from a potential victim's account. These Bitcoins were transferred to a specific Address and quickly exchanged for XMR through multiple exchanges, causing the XMR price to rise by 50%.
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The United States sanctions NemesisDarknet market encryptionAddress

The United States has imposed sanctions on Behrouz Parsarad, an Iranian operator of the Darknet market Nemesis, involving 44 BTC Addresses and 5 Monero Addresses, with a total amount exceeding $1.6 million. The market was used for illegal transactions and, before being shut down, it was estimated to have 30,000 active users and k sellers. Despite the impact of law enforcement actions, the Darknet market still generated $1.7 billion in revenue in 2024, with the Russian Darknet market dominating the market due to lower risks.
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The UK sells Monero confiscated from drug dealers

Golden Finance reported that the Chester Cybercrime Unit in the UK successfully 'seized' £15,000 worth of Monero coins from a convicted drug dealer. This is the first time that Monero cryptocurrency has been converted into cash in the UK, demonstrating the crackdown on criminal activities involving privacy coins. The drug dealer was sentenced to 28 months in prison for selling deadly weight loss drugs on the darknet and has now been forced to surrender £23,000 in assets or face an additional 8 months of imprisonment.
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Gate.io Evening Market (2-8 18:00)

ETH current price: $2425.27, 24-hour change +2.27%; BTC current price: $44706.4, 24-hour gain +3.58%; ID Current: $0.5132, 24H Change +2.41%; KAS current price: $0.12575, 24-hour change +18.32%; XMR current price: $123.83, 24-hour up -1.3%; GT current price: $4.768, 24-hour up -0.08%.
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Gate.io Morning Report (2-8 9:00)

ETH current price: $2433.34, 24-hour gain +2.24%; BTC current price: $44592.5, 24-hour change +3.47%; XMR current price: $132, 24-hour change +20.99%; ONDO now: $0.24252, 24H +8.56%; ID now: $0.5117, 24-hour change +82.09%; GT current: $4.823, 24-hour gain +1.25%.
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French multinational company Schneider Electric has been hit by a Ransomware attack, and the Hacker is demanding Cryptocurrency Monero as ransom.

French company Schneider Electric was attacked by Ransomware. The hacker group demanded a ransom of $125,000 or Monero in exchange for not publicly releasing the stolen 40GB of sensitive data. This is the company's third cyberattack in two years. The affected platform has been isolated and it has not impacted its products and services. Analysis shows that the hacker chose the demand for a baguette to increase their visibility in the ransom market.
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