This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
X @zachxbt zachxbt/status/1916756932763046273
Nine hours ago a suspicious transfer was made from a potential victim for 3520 BTC ($330.7M)
Theft address
bc1qcrypchnrdx87jnal5e5m849fw460t4gk7vz55g
Shortly after the funds began to be laundered via 6+ instant exchanges and was swapped for XMR causing the XMR price to spike 50%
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If you look at the price of the centralized trading platforms, you must know that it can be influenced by many unnatural factors. The decentralized trading price, or what people are willing to pay, can be seen very clearly at the moment: https://haveno.markets/
What's nice about it? You hardly can use currency that changes value this fast.
Nice for people that held value in XMR, but yea as a currency it sucks
The sleeper has awakened.