After an influx of stolen funds, Monero’s market cap skyrocketed—but is it a haven for crime or the true embodiment of "crypto ideals"? Yesterday, the long-dormant privacy coin Monero ($XMR) suddenly surged, spiking 30% in a single day to a peak of $329—its highest price since 2021. What is this 11-year-old cryptocurrency, and why did it suddenly explode?The OG Privacy CoinMonero was born in April 2014, built upon the "CryptoNote" protocol published by Nicolas van Saberhagen in 2013. In 2019,...

After an influx of stolen funds, Monero’s market cap skyrocketed—but is it a haven for crime or the true embodiment of "crypto ideals"? Yesterday, the long-dormant privacy coin Monero ($XMR) suddenly surged, spiking 30% in a single day to a peak of $329—its highest price since 2021. What is this 11-year-old cryptocurrency, and why did it suddenly explode?The OG Privacy CoinMonero was born in April 2014, built upon the "CryptoNote" protocol published by Nicolas van Saberhagen in 2013. In 2019,...