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A $280 Million Bitcoin Heist Leads to Monero Price Rally

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TL;DR:

ZachXBT reported that the attacker rapidly laundered the funds through instant exchanges such as Thorchain. The post A $280 Million Bitcoin Heist Leads to Monero Price Rally appeared first on BeInCrypto.

Key Points:

  • A $280 Million Bitcoin Heist Leads to Monero Price Rally - Yahoo Finance
  • Story reported by 3 sources including A $280 Million Bitcoin Heist Leads to Monero Price Rally
  • Involves BTC cryptocurrency
  • Background:

    Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.

    Why It Matters:

    This development could influence BTC price action and market sentiment in the near term.

    A $280 Million Bitcoin Heist Leads to Monero Price Rally | NewsCR