A recent $387.5 million theft from Bitget showed that native coins like XRP cannot be frozen by issuers, unlike stablecoins such as USDC and USDT, where issuers froze about $320,000. This difference arises because native coins have no central issuer to lock balances, while issuer tokens do. The incident underscores risks for holders: native coins offer no recovery if stolen, but issuer tokens can be frozen, potentially affecting innocent holders. Investors should consider custody methods and provenance checks, as exchanges can freeze accounts but not the coins themselves. The case also signals tighter controls at exchanges and raises questions about stablecoin issuer powers under EU regulations.
The story on freezing stolen crypto provides context for the broader cryptocurrency market. For readers following crypto assets, here is Pluang's market snapshot as of Sep 27, 2026 21:03 WIB: out of 50 major cryptocurrencies priced on Pluang, 28 rose and 21 fell today. Notable movers include COTI at Rp263 with a 1-day change of -6.55%, ONE at Rp39 with a 1-day change of -5.26%, and FIL at Rp20.183 with a 1-day change of +3.68%.
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Zcash (ZEC) experienced a 2.01% price drop within an hour on September 27, falling from $1,650 to $1,617 on Binance's spot market. Despite this decline, ZEC remains up nearly 5% over the past 24 hours. During the same hour, long liquidations totaled ...
