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Benzinga
Benzinga
Business
Samyuktha Sriram

Privacy-Focused Crypto Monero Surges 14% As Holders Mobilize Bank Run To Test Crypto Exchange Reserves

A coordinated effort that saw users withdraw their Monero (CRYPTO: XMR) from exchange wallets has been dubbed the “Monerun.”

What Happened: Monero holders orchestrated a bank run to test cryptocurrency exchanges' reserves on Monday, which also marked the digital coin's eighth anniversary.

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