BREAKING 🚨
Bitget hacker converts seized Ethereum into Bitcoin, and Thorchain refuses to lock the funds ⚡
The breach exposed over $30 million in ETH from Bitget’s hot wallet. The hacker leveraged Thorchain’s cross‑chain swap to move assets, sidestepping traditional custodial controls. Regulators warn the maneuver could accelerate illicit flow across decentralized networks.
Watch for rapid response measures from exchanges and DeFi platforms 🚨
$HBAR $QNT , $HBAR #BitgetDetailsSecurityIncidentTimeline #ChainlinkLaunchesCCIP2WithEnterpriseVerification