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#SaylorBTCPurchase #Btc #Btcstolen $BTC $XMR Reason For The Bearish Sudden trend A suspected Bitcoin theft occurred today, with approximately $330 million worth of Bitcoin (3,520 BTC) stolen and swapped for Monero (XMR). The stolen funds were laundered through over six instant exchanges, causing Monero's price to surge by 50% to $339. However, the price has since settled to around $289, still up 25% in the past 24 hours. *Key Details:* - *Theft Amount:* 3,520 BTC, valued at $330.7 million - *Swap:* Stolen Bitcoin was swapped for Monero (XMR) through instant exchanges - *Price Impact:* Monero's price surged 50% due to the large-scale conversion - *Investigation:* Onchain sleuth ZachXBT flagged the suspicious transaction, and investigations are ongoing *Possible Perpetrators:* - Independent hackers are suspected to be behind the attack, rather than North Korea's Lazarus Group, according to ZachXBT - The stolen funds' movement suggests a complex laundering operation, with hundreds of orders created to obfuscate the origin of the funds¹ ² ³
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#SaylorBTCPurchase #Btc #Btcstolen $BTC Reason For The Bearish Sudden trend A suspected Bitcoin theft occurred today, with approximately $330 million worth of Bitcoin (3,520 BTC) stolen and swapped for Monero (XMR). The stolen funds were laundered through over six instant exchanges, causing Monero's price to surge by 50% to $339. However, the price has since settled to around $289, still up 25% in the past 24 hours. *Key Details:* - *Theft Amount:* 3,520 BTC, valued at $330.7 million - *Swap:* Stolen Bitcoin was swapped for Monero (XMR) through instant exchanges - *Price Impact:* Monero's price surged 50% due to the large-scale conversion - *Investigation:* Onchain sleuth ZachXBT flagged the suspicious transaction, and investigations are ongoing *Possible Perpetrators:* - Independent hackers are suspected to be behind the attack, rather than North Korea's Lazarus Group, according to ZachXBT - The stolen funds' movement suggests a complex laundering operation, with hundreds of orders created to obfuscate the origin of the funds¹ ² ³
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#XRPETFApproval WHAT is ETF??$XRP XRP ETF: A Potential Game-Changer for Investors* 30Th ApRil All YOU NEED TO KNOW. ✅️MUST READ ONLY FOR INVESTORS⛔️ The possibility of an XRP ETF (Exchange-Traded Fund) has been a topic of interest among cryptocurrency enthusiasts and investors. An XRP ETF would allow investors to gain exposure to XRP, the native cryptocurrency of the Ripple network, without directly buying or storing the digital asset. What is an XRP ETF? An XRP ETF is a type of investment fund that tracks the price of XRP, allowing investors to buy and sell shares of the fund on traditional stock exchanges. This would provide a more familiar and accessible way for investors to invest in XRP, potentially attracting a broader range of investors. Benefits of an XRP ETF - *Increased accessibility*: An XRP ETF would make it easier for investors to gain exposure to XRP, especially for those who are not familiar with cryptocurrency exchanges or wallets. - *Regulatory clarity*: An XRP ETF would be subject to traditional financial regulations, providing a level of oversight and protection for investors. - *Mainstream adoption*: An XRP ETF could lead to increased adoption of XRP in traditional financial markets, potentially driving up demand and price. Challenges and Considerations - *Regulatory hurdles*: The Securities and Exchange Commission (SEC) would need to approve an XRP ETF, which could be a challenging process given the regulatory uncertainty surrounding cryptocurrencies. - *Market volatility*: XRP, like other cryptocurrencies, is known for its price volatility, which could make it challenging to manage an ETF. - *Custody and security*: An XRP ETF would require a secure and reliable way to custody and manage the underlying XRP assets. Potential Impact on the Market KEY points. - *Increased investment*: An XRP ETF could attract new investors to the market, potentially driving up demand and price. - *Improved liquidity*: An XRP ETF could provide a more liquid market for *XRP ETF : A Potential Game-Changer for Investors*
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