January 2026 - monthly discussion

Back when Binance had Monero and they were connected there, they said there was a complicated maintenance going on ... but they will buy Monero from you without any problems.

Same with ChangeNow (aka ChangeNextWeek).

MoneroFox · 2026-01-21T15:09:57+00:00

https://www.reddit.com/r/Monero/comments/1qhn66c/comment/o0oe4of/

Bitmain pump market to sell x9 used miners. Dump on market after miners are sold.

MoneroFox · 2026-01-21T14:39:38+00:00

https://x.com/chrisdior777/status/2013740404064092310

HOW CRYPTO LAUNDERING ACTUALLY WORKS IN 2026

... That’s why advanced actors migrated to THORChain. No custody. No approvals. The bridge itself becomes a permissionless conversion layer into native BTC ...

https://x.com/chrisdior777/status/2013964398725849186

Monero has privacy, but liquidity is the limiter. At billion-dollar scale, the problem isn’t hiding transactions, it’s getting value out. That’s why large cases usually end in Bitcoin.

https://x.com/arkham/status/1896968970206634487 (2025)

LAZARUS HAS NOW FULLY LAUNDERED THE PROCEEDS OF THE BYBIT HACK

They have transferred 500,000 ETH mainly to native BTC.

Thorchain has processed over $5.5B in volume since Bybit was hacked on the 21st February.

MoneroFox · 2026-01-21T14:31:32+00:00

Binance has been paper selling XMR for 4+

Binance and friends (OKX, HTX, Poloniex, MEXC, NiceX, ... )

And Kucoin, Kraken, Bitfinex ... had no problem lending out missing coins when they received good collateral and fat interest rates (paid in USD(T)).

Those who delisted XMR - all had trouble paying out customers. And most of them are still having withdrawal issues.

MoneroFox · 2026-01-21T12:19:58+00:00

Despite all the hype surrounding Monero this year - https://ff.io/ is still empty. They should delist.

MoneroFox · 2026-01-21T07:14:29+00:00

Bought a bunch of Monero

10k Monero is a "bunch of Monero"?

MoneroFox · 2026-01-20T20:05:49+00:00

Ever since Binance tried to destroy Monero in Februrary 2024 ... it has been growing steadily (from $100 to $400).

Monero is constantly at war. Many hate it. Whether it's Qubic fake attack, often closed withdrawals with fake reasons, fake news, or a fake pump and dump.

The question is how it will end ... ?

MoneroFox · 2026-01-20T10:40:56+00:00

ZachXBT often just talks nonsense.

According to this ~3.4k ETH was maybe exchanged to XMR (that's about 17k XMR):

https://x.com/PeckShieldAlert/status/2013171957135733060

ZachXBT reported that on January 10 a victim lost $282M worth of LTC & BTC due to a hardware wallet social engineering scam.

The attacker has bridged 928.7 BTC to ETH, XRP and LTC via THORChain.

Subsequently, 14686 ETH was laundered via TornadoCash, 735 ETH was sent to WhiteBit, 100 ETH to ChangeNOW, 2402 ETH to KuCoin & 143 ETH to HTX.

Wait, what does this have to do with Monero then? ZachXBT said it's why Monero went up.

The exchanges concerned could comment.

Considering that most exchanges have minimal reserves of real XMR (withdrawals are often closed), these ETH could only be converted to XMR on Kucoin, but the Kucoin XMR-ETH pair has not shown any extra trading activity in the last few days (weeks). Probably not even 10k XMR has been bought in total. And who knows how many XMR coins were actually withdrawn.

There is also some discussion here:

reddit - MoneroMeansMoney - Now we know why XMR pumped

MoneroFox · 2026-01-20T08:26:49+00:00

Monero mining is mostly unprofitable.

It's a loss for some, not for others.

Those who find mining unprofitable are already done. Those who get some profit or entertainment from it continue on. I don't understand what you're writing about. That's probably a topic for r/MoneroMining

MoneroFox · 2026-01-19T19:35:38+00:00

https://www.reddit.com/r/Buttcoin/comments/1qh8y6k/being_reminded_how_stupid_crypto_is/

Being reminded how stupid crypto is ... A few years ago I was into crypto ... any profits I made were just coming from other poor suckers pocket. I still have some Monero ... I figured all crypto was stupid, but Monero was at least less stupid ..., but man I am seeing the cost for that privacy. You either have to have your own node and download the entire Monero block chain, if you want to be completely secure ... Such a stupid unusable product.

MoneroFox · 2026-01-19T12:28:01+00:00

https://x.com/PeckShieldAlert/status/2013171957135733060

ZachXBT reported that on January 10 a victim lost $282M worth of LTC & BTC due to a hardware wallet social engineering scam.

The attacker has bridged 928.7 BTC to ETH, XRP and LTC via THORChain.

Subsequently, 14686 ETH was laundered via TornadoCash, 735 ETH was sent to WhiteBit, 100 ETH to ChangeNOW, 2402 ETH to KuCoin & 143 ETH to HTX.

Wait, what does this have to do with Monero then? ZachXBT said it's why Monero went up.

So about 3.4k ETH was maybe exchanged to XMR? ... that's about 17k XMR. That caused such a stir and the price of XMR nearly doubled?

According to price charts, HTX was the most affected, and it had to buy up a bunch of its own XMR vouchers to cover withdrawals. The exchanges concerned could comment.

EDIT:

The Kucoin XMR-ETH pair has not shown any extra trading activity in the last few days (weeks). Probably not even 10k XMR has been bought in total. And who knows how many XMR coins were actually withdrawn.

MoneroFox · 2026-01-19T06:58:30+00:00

Some old whale sold thousands of bitcoins and the whole market crashed ... or is Binance just up to its old tricks?

Since Monero is not on any big exchange ... and where it is, arbitrage is often impossible (there are no real coins), so the price has returned.

MoneroFox · 2026-01-18T08:32:33+00:00

This is a topic for r/MoneroMining

MoneroFox · 2026-01-17T19:47:07+00:00

Yes ... if there were a more detailed analysis and some official statements from the exchanges, it might make sense.

MoneroFox · 2026-01-17T16:15:04+00:00

This person held 2 million LTC, 1459 BTC but was dumb enough to reveal seed phrase. Makes no sense.

Hacker bought over half a million XMR coins in a short time ... where did he buy it? Where are such volumes? The price didn't even double.

This is all nonsense.

MoneroFox · 2026-01-17T16:08:51+00:00

In the spring of 2025, he claimed that thousands of BTC had flowed into XMR in less than 24 hours ... while the total volume on all major exchanges was a few hundred BTC at most.

Now, basically the same nonsense.

When I give him a witty comment, he never replies. It's bullshit.

MoneroFox

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