Monero
Why Monero is up 1.8% in the last hour
Analysis
Monero (XMR) rose 1.8% over the past hour following reports that hackers targeting Revolut demanded a $3 million ransom denominated in Monero and threatened to sell customer data. The Decrypt report likely put XMR in focus due to its use in the alleged ransom demand, which can spur short-term trading interest.
Contributing Factors (1)
Revolut Hackers Demand $3M Monero Ransom, Threaten to Sell Customer Data: Report
The group says it chose whom to target by scanning the blockchain for Revolut accounts holding significant crypto.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.