NEAR Protocol announced on May 23, 2024, that it has successfully blocked approximately $50 million in cryptocurrency funds that were linked to the recent Bitget exchange hack. This action was taken to prevent the stolen assets from being laundered…
Reports mentioning THORChain
THORChain processed approximately $6 million in cryptocurrency swaps for a hacker, moving funds from Ethereum to Bitcoin, despite a request from the cryptocurrency exchange Bitget to block the transactions. CoinDesk reported that 27 successful swaps facilitated the movement of roughly…
Cryptocurrency exchange Bitget has resumed Bitcoin withdrawals on Tuesday, March 19, 2024, marking a significant step in restoring services after a substantial hack that occurred last week. The exchange reported that the hacker responsible for the breach managed to swap…
Decentralized cross-chain liquidity protocol THORChain has publicly stated its refusal to blacklist addresses implicated in the recent Bitget exchange hack. This decision stems from THORChain's core principles of decentralization and censorship resistance, aiming to uphold the immutability of its network.
The individual responsible for exploiting the Coldcard hardware wallet has initiated the transfer of approximately 10% of the stolen Bitcoin assets, moving them to the Ethereum blockchain. This significant transaction was facilitated through the THORChain decentralized exchange, a cross-chain liquidity…