Monero Stands Firm After $351M Hack as Remittix Prepares for RTX Debut

A recent hack on Bitget, suspected to be linked to North Korean hackers, saw over $351 million stolen. Despite this massive security breach, Monero has remained resilient and even gained some attention for its privacy features.

The incident highlights the growing demand for self-custody and financial tools that minimize transfers between platforms. To address this need, Remittix is developing a connected wallet that integrates crypto-to-bank payments, perpetual trading, and planned yield, with RTX scheduled to debut on November 24.

Monero's relative strength after the hack shows its leading position in the market as a privacy-by-default cryptocurrency. However, traders should not correlate this incident directly with XMR's price movement, as causation is not established.