Gate News Bot news, July 8, according to CoinMarketCap data, as of the time of writing, XMR (Monero) is currently priced at $315.89, down 1.84% in the last 24 hours, having reached a high of $336.80 and a low of $310.09. The 24-hour volume is $105 million. The current market capitalization is approximately $5.827 billion, a decrease of $109 million compared to yesterday. Monero is a private, decentralized cryptocurrency that protects users' financial privacy and security. Monero offers multi-platform wallets, allowing users to conveniently store and use XMR. The project has an active developer community dedicated to continuously improving technology and privacy protection. Monero can be used to purchase goods and services and is supported for trading by multiple exchanges. Important news about XMR recently: 1️⃣ **

Gate News, amidst the fluctuations in the Crypto Assets market, certain types of alts are showing strong rebound momentum. This week, the cryptocurrency known as "Made in America," such as Bitcoin Cash (BCH) and Algorand (ALGO), surged significantly on Monday, outperforming the market in the past 24 hours. Similarly, the Privacy Coin Monero (XMR) has maintained a bullish trend after last week's rebound and is expected to rise further. The performance of these coins may signal a new direction for market recovery.

Gate News bot news, analysts believe that Monero (XMR) will outperform Bitcoin this year, and this trend may continue in the coming weeks. The XMR-BTC Exchange Rate recently rose to its highest point since January 2024, confirming a "double bottom" breakout on the weekly chart. The exchange rate touched two lows around 0.00165 earlier this year, and has recently broken through the neck resistance level, indicating a bullish reversal of the double bottom. Market data shows that XMR has risen 86% this year, far exceeding Bitcoin's 12% rise.

ChainCatcher News, Haven Protocol suffered a severe attack due to a vulnerability in the 'range proof verification'. The vulnerability allowed Hackers to illegally mint XHV without being noticed. The amount of XHV reported by the exchange exceeded 500 million, while audit data showed that the current supply is only 263 million. The excess amount may have been generated through the vulnerability. The team has confirmed that the problem originated from Haven 3.2 based on Monero.

The Indian Narcotics Control Bureau arrested a 35-year-old engineer suspected of operating a dark web drug syndicate, seizing a large quantity of drugs and Crypto Assets. The suspect used Monero for Money Laundering, and although its privacy features have raised concerns, it can still be tracked.

The Indian Narcotics Control Bureau arrested a 35-year-old engineer suspected of operating a dark web drug ring, seizing a large quantity of drugs and crypto assets. The suspect used Monero for money laundering, which, despite its privacy concerns, can still be tracked.

Gate News Bot news, on June 30, according to CoinMarketCap data, as of the time of writing, XMR (Monero) is currently priced at $315.98, a fall of 1.12% in the last 24 hours, with a high of $321.83 and a low of $293.50. The current market capitalization is approximately $5.829 billion, a decrease of about $65.98 million compared to yesterday. Monero is a private,

Gate News bot message, Placeholder partner Chris Burniske posted on social media: "If you've been following XMR and ZEC, you might have noticed that private money has been in constant demand."

PANews April 28 news, according to monitoring by ZachXBT, about 9 hours ago, a suspected theft of 3520 BTC (approximately 330.7 million USD) was transferred from a potential victim's account. These Bitcoins were transferred to a specific Address and quickly exchanged for XMR through multiple exchanges, causing the XMR price to rise by 50%.

Gate News bot News: Europol said on Monday that it had shut down the main infrastructure of Archetyp Market, one of the longest-running darknet marketplaces, in the Netherlands through a series of raids involving six countries. The raid targeted key personal and technological infrastructure in Archetyp, where the administrator of the site, a German citizen, was allegedly arrested in Spain. Europol said it also arrested a moderator and six of the site's biggest providers in Germany and Sweden. Such darknet marketplaces rely on cryptocurrencies for transactions, while Archetyp uses the privacy-focused token Monero (XMR) for transactions. The marketplace has been in operation for five years, and Europol said it took "years of in-depth investigative work," including tracking the flow of funds, to finally shut down the site and its alleged operators. According to reports, Archetyp has a user base of more than 600,000, a total transaction value of at least 250 million euros ($287 million), and more than 17,000 listings, most of which are used to sell illegal drugs, including cocaine, MDMA, and amphetamines.

Gate News bot message, according to a press release on June 16, international law enforcement agencies dismantled one of the largest and longest-running dark web crime markets in the world, arresting a suspect operating in Germany in Spain and seizing millions in illegal assets.

According to TradingView, Monero (XMR) fell to $325 on Wednesday, while it peaked at $420 on Monday. Prices fell amid increased participation in the futures market, with data showing that the number of active or open interest jumped to 161,370 XMR, the highest level since December 20 last year. Over the past three days, open positions have increased by 20%.

The social engineering tactics have led to the confirmation of a theft of 330 million USD in Bitcoin from American seniors, with the stolen funds converted into Privacy Coin XMR, which has surged. The attackers gained access to the victims' Wallets, transferring 3520 BTC and laundering the money through 6 trading platforms. The price of XMR has skyrocketed by 50%, and the incident has been confirmed.

PANews reported on April 30 that according to ZachXBT, a previous theft of 3,520 BTC (approximately $331 million) has begun to be laundered through at least six swap platforms and exchanged for XMR, causing a temporary surge in XMR prices. It has now been confirmed that this incident involves a social engineering scam targeting an elderly American, and the source of funds from the involved Address is "rather suspicious."

ETH current price: $2372.82, 24-hour change +1.66%; BTC current price: $43159.4, 24-hour change +0.33%; ID now: $0.5004, 24-hour change +78.92%; ONDO Current: $0.23232, 24H +2.32%; XMR current price: $126.22, 24-hour up -9.47%; GT current price: $4.772, 24-hour change +1.51%.

ETH current price: $2379.86, 24-hour change +3.35%; BTC current price: $43087.2, 24-hour change +1.10%; XMR current price: $109.32, 24-hour change -34.01%; ONDO Current: $0.22367, 24H Change +5.9%; LINK Current: $18.264, 24H -4.68%; GT current: $4.763, up +1.31% in 24 hours.

According to Gate.io News bot, Cointelegraph reports that the EU has officially passed the Anti-Money Laundering Regulation (AMLR). The regulation states that from July 1, 2027, all financial institutions are prohibited from providing anonymous encryption accounts or wallets with crypto service providers. At the same time, the regulation comprehensively bans trading activities of privacy coins such as Monero, Zcash, and Dash. The new regulations also clearly state that mandatory identity verification is required for cryptocurrency transactions exceeding 1,000 euros. In addition, the EU will establish a new regulatory body, AMLA, which will be directly responsible for overseeing large cryptocurrency platforms.

Gate news bot message, the latest investigation by Kaspersky Lab shows that a large number of counterfeit Android phones are being sold at low prices on the market. These devices are implanted with the Triada Trojan virus, which has the capability to steal Crypto Assets and sensitive data. According to Kaspersky expert Dmitry Kalinin, attackers have transferred approximately $270,000 worth of Crypto Assets by replacing wallet addresses. The attackers are also targeting the privacy coin Monero. According to survey data, there have been 2,600 recorded cases of infection, with victims primarily distributed in the Russian region. Source: Cointelegraph.

The United States has imposed sanctions on Behrouz Parsarad, an Iranian operator of the Darknet market Nemesis, involving 44 BTC Addresses and 5 Monero Addresses, with a total amount exceeding $1.6 million. The market was used for illegal transactions and, before being shut down, it was estimated to have 30,000 active users and k sellers. Despite the impact of law enforcement actions, the Darknet market still generated $1.7 billion in revenue in 2024, with the Russian Darknet market dominating the market due to lower risks.

Golden Finance reported that the Chester Cybercrime Unit in the UK successfully 'seized' £15,000 worth of Monero coins from a convicted drug dealer. This is the first time that Monero cryptocurrency has been converted into cash in the UK, demonstrating the crackdown on criminal activities involving privacy coins. The drug dealer was sentenced to 28 months in prison for selling deadly weight loss drugs on the darknet and has now been forced to surrender £23,000 in assets or face an additional 8 months of imprisonment.

ETH current price: $2425.27, 24-hour change +2.27%; BTC current price: $44706.4, 24-hour gain +3.58%; ID Current: $0.5132, 24H Change +2.41%; KAS current price: $0.12575, 24-hour change +18.32%; XMR current price: $123.83, 24-hour up -1.3%; GT current price: $4.768, 24-hour up -0.08%.

ETH current price: $2433.34, 24-hour gain +2.24%; BTC current price: $44592.5, 24-hour change +3.47%; XMR current price: $132, 24-hour change +20.99%; ONDO now: $0.24252, 24H +8.56%; ID now: $0.5117, 24-hour change +82.09%; GT current: $4.823, 24-hour gain +1.25%.

French company Schneider Electric was attacked by Ransomware. The hacker group demanded a ransom of $125,000 or Monero in exchange for not publicly releasing the stolen 40GB of sensitive data. This is the company's third cyberattack in two years. The affected platform has been isolated and it has not impacted its products and services. Analysis shows that the hacker chose the demand for a baguette to increase their visibility in the ransom market.