Somewhat curious, though not like using xmr speculatively.
- 2023-11-02T15:57 CCS Wallet Incident · Issue #916 · monero-project/meta · GitHub
- 2023-11-04T00:39 [Moonstone Research] Postmortem of Monero CCS Hack: A Transaction Graph Analysis (Dated Nov 03)
- 2023-11-05T07:20 [One of the earliest media reports] Monerujo Wallet User Drains Monero’s CCS Wallet: Report - Coin Edition
Some of the media reports are negatively confusing, like saying the Monero network is defective. Date-Time in UTC.
Edit: Moonstone Research -> 2023-11-04T00:39 was based on the server response headers (last-modified). Apparently the blog post was created about 1 hour earlier (the link was posted on Github at 2023-11-03 23:50).
Is it possible? Sure, but a $4 drop in terms of US dollars is nothing to write home about. Monero is actually incredibly stable for a crypto because it has real-world usage.
Yeah, personally 160+ feels rather good, even 150–160 is not so bad. Nevertheless 175-ish -> 165-ish can be a significant move, though it well may be just a random move too.
Not “worrying“ at all like investor people (who buy and re-sell without actually using it), but somewhat curious about the effects of not-so-accurate (irresponsible) media reports, or more generally: do people now trust Monero less because of this incident (which seems to be, ultimately, just a human error of one person and bad luck)?
That is a valid PR question to ask (so to speak), while talking about price movement is admittedly inelegant 😅 Asking an unpopular question without hesitating, that’s part of freedom I believe in!
Did it go from $175 to $165? I saw it at $170 and then $166 which is a much smaller move. So far i havent seen a rise in distrust of Monero itself. So far its mostly been a sebody fucked up thing.
I don’t know anything technical (not an investor), but the XMR/USD high around Nov 1 looks like around 175.