Stolen assets worth $351.6 million from the Bitget hack are being converted from Ether (ETH) to Bitcoin (BTC) using the cross-chain protocol THORChain. This on-chain activity shows hackers moving the stolen funds into another cryptocurrency, complicating recovery efforts. The transfer highlights ongoing risks in crypto security and the challenges authorities face in tracking illicit funds across different blockchains.
The Bitget hack-linked Ether conversion to Bitcoin is the subject, with Pluang's market snapshot as of Sep 28, 2026 13:21 WIB showing 9 of 50 major cryptocurrencies rose while 40 fell. Among notable movers, EOS gained 8.13%, contrasting with Bitcoin Cash's 9.39% decline and COTI's 8.84% drop. Typical hold times vary widely, from 68 days for BCH to 120 days for COTI, with BCH seeing a strong 72% buy order activity on Pluang.
Bitget has transferred 2,042.28 Bitcoin, worth about $169 million, from its 5,500 BTC reserve to its hot wallet after reopening Bitcoin withdrawals. This move is intended to prepare for potential user withdrawals but does not represent confirmed with...
Bitget has resumed cryptocurrency withdrawals under equal conditions for all users, without prioritizing institutions, VIPs, or employees. Bitcoin withdrawals restarted first since its withdrawal channel was unaffected by a recent security attack and...
Bitget addressed a recent security breach by repairing a vulnerability exploited through a third-party product. The exchange isolated affected servers, invalidated stolen credentials, and reorganized permissions to require multi-person approval for k...
The Vanguard Real Estate ETF (VNQ) has fallen almost 10% in the last month due to rising Treasury yields and a recent Federal Reserve interest rate hike. Higher rates have reduced VNQ's income appeal, as its yield now trails the 10-year Treasury yiel...
Bitget has started restoring cryptocurrency withdrawals in phases following a security incident, beginning with Bitcoin withdrawals at 4:11 a.m. ET. Withdrawals for each asset will reopen only after the related blockchain completes repairs and securi...
