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Monero Price Jumps Double Digits Due To Massive $330 Million Bitcoin Theft

Privacy-centric coin Monero (XMR) soared as much as 50% on Monday, and on-chain investigators have pointed to a theft event as the likely culprit. Early on Monday, on-chain sleuth ZachXBT flagged a “suspicious transfer” of 3,520 BTC (worth approximately $330.7 million) made from a potential victim’s wallet. Soon after, the loot was laundered through over six exchanges and converted to Monero to obscure the activity. ZachXBT believes this was theft due to the high fees paid and the suspicious activity after the funds had been moved. The transfer sparked an immediate 50% surge in XMR’s price due to the large-scale conversion and the platform’s limited liquidity. 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… — ZachXBT (@zachxbt) April 28, 2025 The on-chain sleuth later noted in follow-up posts that it is “highly probable” the theft was not orchestrated by the infamous North Korean hackers, and that the victim was a longtime Bitcoin holder . While ordinary blockchains such as Bitcoin and Ethereum allow users to track all transactions on the network, Monero’s privacy-preserving nature hides wallet addresses and transactions, making it harder for law enforcement to trace and recover illicit funds. As such, it remains attractive to nefarious actors who want unlinkable and untraceable transactions. According to data from CoinGecko , XMR vaulted 50% higher in response to hit an intraday high of $347.72 — a level not seen since May 2021. At the time of publication, Monero is priced at $276.22, still up 22% over the last 24 hours. The Monero community recently celebrated the coin’s 11th anniversary. Notably, XMR has lost a lot of ground in recent years due to the increasing marginalization of privacy coins. Due to intensifying regulatory pressure, leading crypto exchanges, including Binance, Coinbase, and Kraken, have been forced to delist Monero in various jurisdictions in an effort to fight dark net markets. NullTx

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Cardano and Solana Holders Are Piling Into a New Token Dubbed ‘XRP 2.0’ by Investors

Cardano and Solana investors are now witnessing a massive hype and anticipation wave as they eagerly look forward to a new token that has been affectionately dubbed by investors as ‘XRP 2.0.’ While larger ecosystems such as Cardano (ADA) and Solana (SOL) keep expanding and developing, the majority of fans and investors of these cryptocurrencies are now turning towards RTX . This is not merely coincidental; RTX has been referred to as “XRP 2.0,” which speaks volumes about its new and improved approach to the intricacies involved in worldwide money transfers. Given these events, let’s take a closer look at the reasons why Remittix is now garnering so much attention and interest from the crypto world and beyond. Remittix (RTX) Momentum Builds Among Investors Momentum continues to build and gather strength for Remittix, popularly referred to as RTX. Remittix has been able to amass a staggering amount of over $14.6 million, trading at a current price of $0.0757 for every token. Besides this success, the firm has also sold over 529 million tokens to investors. As per the analysis presented by Mitrade , this fast and high rate of growth is reflective of the high degree of confidence that investors have in the practical and real-life use of RTX in the large and continuously developing worldwide remittance market. Analysts working with CoinCentral have done a comprehensive review versus Remittix, comparing it to the infrastructure being leveraged over at Ripple. They have praised its phenomenal ability to reduce fees considerably while pointing to the immense speed with which transactions are processed and settled. Remittix has a very clear and differentiating use case that makes it stand out, in a sense giving it a huge edge not just over speculative meme coins but even over platforms that are a bit slower in nature. There are several reasons why increasingly more Cardano and Solana investors are embracing the current trends existing within today’s market. Why Cardano and Solana Investors Are Joining the Shift The latest addition of XRP to Cardano’s Lace Wallet speaks volumes about the platform’s firm dedication to bringing about interoperability between different cryptocurrencies and blockchain networks. Nevertheless, in spite of this remarkable development and enhancement, ADA’s price still exhibits a mediocre performance, trading at the $0.65 level. Source: TradingView Meanwhile, Solana’s outlook is mixed. SOL is now trading at a price very near $148.52, and based on technical analysis, there are signals that indicate the possibility of rallies or breakdowns in its price. Cointribune has reported and explained this in detail. According to CryptoDnes , the enthusiasm and hype for Remittix are continuously growing since it is offering users instant financial use cases that are proving to be greatly useful to them. Why Investors Are Calling Remittix ‘XRP 2.0’ Remittix’s focus on enabling cross-border payments is indicative of the core purpose that XRP is representative of, but it differs by taking an innovative and contemporary approach that differentiates it from conventional practices. The professionals at CryptoTimes have the opinion that there are market segments that have remained unpenetrated or unreached by XRP, but which can be captured by RTX. Given the large and valuable remittance market that we have today, it is evident that the potential growth prospects of Remittix may be huge and sizable if the adoption trend continues to evolve. Along with this, several platforms, including CryptoDnes , are predicting that if Remittix’s growth keeps speeding up, it can go on to stand alongside some of the bigger names in the cryptocurrency market, including more established players like BNB and Dogecoin. Conclusion: Remittix (RTX) Is Gaining Real Traction The exodus of investors from Cardano and Solana to the new platform called Remittix (RTX) shows that there is a dramatic shift in the focus and priorities of the market. Instead of just putting their bets on possible upgrades to platforms or depending on other institutional narratives, many are now focusing on projects that are aimed at tackling and solving real-world financial problems and issues encountered by individuals in their day-to-day lives like Remittix. Sending and receiving money from anywhere just got so much easier with Remittix, especially with its PayFi system that allows crypto-to-fiat transactions . These factors combined are setting Remittix up to not just garner the attention of investors but also to solidly secure its position as an industry leader for 2025 and for many years to come. The focus on making transactions easy to conduct across international borders is especially appealing to a huge base of users looking for payments that are as fast as they are affordable. This factor is majorly responsible for the sustained popularity of RTX. Get a chance to be a part of the future of cross-border finance with Remittix, especially while the prices are at a nascent stage and favorable level conducive for investment. Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . NullTx