Lookonchain says wallets linked to a reported Binance-related breach moved SOL through multiple networks toward Bitcoin. But unclear timelines, transaction totals and recovery figures make it impossible to confirm how much BTC was acquired—or how much remains at risk.
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Chainalysis says AI-assisted automation cut a cross-chain matching task in the Bitget breach investigation from more than 20 hours to under 10 minutes—not the time to solve the case or recover funds. The incident also renewed debate over whether decentralized protocols should block suspected attackers.
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Bitget says a hot wallet exploit hit about $351.6 million in assets, with cold storage untouched and user funds protected. The breach has sparked fresh scrutiny of cross-chain laundering, THORChain’s role, and separate, still-unproven claims of hidden Coinbase hacks.
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NEAR Intents says its SHIELD system blocked over $50 million in attempted transfers tied to the Bitget hack, while a small amount still slipped through before being stopped. The incident underscores how crypto’s open rails can move stolen funds fast — and why laundering is now the real battleground.
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GoPlus Security is calling out THORChain’s “censorship-resistant” branding, arguing its validator set and emergency pause tools give it real control over suspicious flows. The clash centers on Bybit and Bitget hack-linked funds — and the uncomfortable truth that THORChain is decentralized, but not untouchable.
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Claiming an $85.4M Bitcoin whale rotation sounds dramatic, but the provided evidence doesn’t back it up. No wallet, no hash, no timestamp — just an unrelated Massachusetts energy-auction page and a whole lot of crypto fan fiction.
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A wallet linked to the Coldcard thefts has started swapping stolen Bitcoin into Ether via THORChain, giving investigators a new trail while most of the funds still sit untouched. The move shows how cross-chain swaps can muddy the waters, but not make receipts vanish.
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THORChain reportedly enabled native Monero swaps, giving XMR a fresh boost as the privacy coin jumped 8.9%. The move could improve non-custodial access to Monero, though the technical details and regulatory fallout still matter.
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THORChain is showing that Bitcoin holders don’t need wrapped BTC to get into DeFi-style swaps. By routing native BTC directly into native assets on other chains, it offers a cleaner alternative — but with its own risks, tradeoffs, and a few sharp reminders that crypto plumbing still leaks.
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THORChain is back online after a six-week shutdown sparked by a reported $10.7 million exploit, but the real battle is trust. With swaps, signing, churning, and LP actions restored, the protocol now has to prove users and liquidity providers are willing to return.
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