Onchain Sluth ZachxBT has a suspicious transmission with 3,520 Bitcoin (BTC) (price $ 330.7 million) with great theft. The transaction reported on April 28 saw that the funds were moved from the wallet of a possible victim to the address BC1QCRY … VZ55G.
After the transfer, the stolen supply was quickly washed over six immediate exchanges and exchanged into the monero (XMR) cryptocurrency focused by privacy.
The conversion on a big scale led to a pointy 50% price of XMR, whereby the token reached an intraday high of $ 339.
Source: ZachxBt
At the time of writing, XMR has been barely committed, but has been 25% within the last 24 hours and acts with $ 289.
When asked whether the North Korea's Lazarus group was behind the attack, Zachxbt refused and explained that it was “very likely not”, which indicates that independent hackers were responsible.
The overwhelming majority of hackers use mainstream cryptos
In a recent comment on CoinTelegraph, Chainalysis found that almost all criminal transactions are still based on mainstream cryptocurrencies.
“While there are concerns that more criminals change to data protection coins for anonymity, the overwhelming majority of criminal activities still use mainstream cryptocurrencies similar to Bitcoin, Ethereum and StableCoins,” said Chainalysis.
The company added that these assets remain attractive because they provide bad actors to the identical benefits because the legitimate user-border functionality, immediate settlement and high liquidity.
The chain found that data protection coins on account of the reduced liquidity and the incontrovertible fact that many larger exchanges extinguish assets similar to Monero are restrictions on criminals.
“Cryptocurrency is barely useful in the event you should buy and sell goods and services or be admitted to Fiat, and that is rather more difficult with data protection coins, especially what number of mainstream exchanges triggered the use of knowledge protection coins similar to Monero,” they said.
The law firm even said that the blockchain transparency can pursue and get better the law enforcement authorities whatever the cryptocurrency used.
In 2024, a leaked chain chain video suggested that Monero transactions might be traced back despite the info protection relationship of the blockchain.
The video allegedly showed how the chain evaluation could trace transactions to 2021 through its own “malicious” Monero nodes.
Monero accepted in Spar Stores in Switzerland
The alleged laundry operation comes because Monero gains a broader acceptance of retail. Two SPAR supermarkets in Switzerland have recently began accepting XMR for payments.
The announcement, which was divided by Moneros official X account, attributes partnerships with DFX Swiss and OpenCryptopay for activating integration.
A user who was released on April 25 informed his experience with the acquisition of bio cocoa with XMR in a Spar Store in Kreuzlingen.
In April 2025, Spar taped the crypto marketplace for the primary time by introducing Bitcoin payments through the Lightning Network in Outlets in Zug in Switzerland.
