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Bitget hack loss rises to $387.5M; CEO urges Thorchain to block stolen funds movement.

Market News
26 Sep 2026
Bitcoin
View Source
Bearish
Bitget hack loss rises to $387.5M; CEO urges Thorchain to block stolen funds movement.

Bitget has raised its estimated hack loss to $387.5 million after attackers moved stolen funds through various decentralized platforms, including Thorchain. CEO Gracy Chen publicly requested Thorchain to block the hacker-controlled addresses to prevent further laundering, emphasizing that decentralization should not protect stolen assets. However, Thorchain, known for its permissionless design, has previously declined similar requests, citing its decentralized nature and the difficulty in policing transactions. The situation highlights ongoing challenges in balancing decentralization with security in crypto exchanges and networks.

The Bitget CEO's call to block hackers on Thorchain comes as a backdrop to today's cryptocurrency market, with data from Pluang as of Sep 27, 2026 03:21 WIB. Among 50 major cryptocurrencies, 22 rose and 27 fell. Notable movers include EOS at Rp12.649 with an 8.13% increase and a typical hold time of 87 days, ONE at Rp41 down 6.38% with a 152-day hold time and 43% sell order activity, and DOT at Rp22.171 up 3.98% with an 81% buy order activity. The most notable figure is EOS's 8.13% gain.

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