#Bitget黑客转移8300万美元被盗XRP

This time, what’s truly worth noting isn’t $83 million, but rather:

Ripple also can’t freeze these XRP.

Bitget was previously hacked for about $387.5 million, with roughly 103 million XRP transferred to multiple addresses. Now, about 54 million XRP, worth roughly $83 million, has continued to be moved. (CoinDesk)

The reason is interesting:

For assets like USDT and USDC, the issuer can blacklist addresses and freeze assets;
but XRP is a native asset of the XRP Ledger, and Ripple doesn’t have the authority to directly freeze it.

So this time, Circle and Tether can freeze part of the involved stablecoins, but XRP can only be stopped from flowing in afterward via exchanges. (CoinDesk)

In fact, this incident puts a big contradiction in the crypto world front and center:

If assets can’t be frozen, that’s a decentralization advantage.
But once coins end up in the hands of hackers, it also becomes an obstacle to recovering the assets.

Decentralization is often a double-edged sword.

#XRP #Bitget #Crypto