On-chain analyst 余烬 revealed that THORChain facilitated cross-chain swaps for most of the funds stolen from Bybit, generating nearly $10 million in fees over 10 days. Additionally, THORChain processed stolen funds from Bitget, accumulating $1 million in fees. Over 90% of the funds exchanged through THORChain were connected to illicit black- and gray-market activities. This highlights how decentralized platforms like THORChain can be exploited for laundering stolen crypto assets, raising concerns about regulatory oversight and security in cross-chain transactions.
The story about THORChain's role in routing stolen funds provides context alongside Pluang's market data. As of Sep 27, 2026 10:41 WIB, 21 of 50 major cryptocurrencies rose while 27 fell. Notable movers include BAL at Rp16.297 with an 11.14% increase and FIL at Rp20.561 with a 10.28% rise, while ONE dropped 8.88% to Rp40.
Polkadot's price increased by 43.2% over the past 30 days, driven by the ongoing Referendum 1944 to introduce a native stablecoin called dotUSD and the launch of the 21Shares Polkadot Staking ETF in the US. The referendum aims to create a protocol-na...
The RLUSD stablecoin circulation reached about 2.49 billion tokens on September 27, with its market value approaching $2.5 billion. This growth contributed to the total stablecoin value on the XRP Ledger rising approximately 6% over seven days and 11...
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A crypto address accumulated 9,158.25 Ether (ETH) over nearly three weeks, spending about $24.34 million at an average price of $2,658.12 per ETH. The purchases were made in multiple batches as Ether's price declined, indicating a strategy of buying ...
Ethereum (ETH), the second-largest cryptocurrency by market cap, fell below the key $2,700 price level, reaching $2,698 on Binance spot trading as of late Sept. 26. This marks a slight decline of 0.17% within an hour, signaling a minor downward movem...
