Bitget suffered a $387.5 million security breach and requested THORChain to block addresses linked to the theft. THORChain refused, citing its permissionless, decentralized design that prevents freezing individual addresses. The dispute highlights challenges in handling stolen crypto assets on decentralized networks. Bitget is restoring withdrawals gradually while investigation and asset recovery efforts continue.
The Bitget hack involving a $387.5 million theft provides context for cryptocurrency market conditions. For readers following crypto broadly, here is Pluang's market snapshot as of Sep 28, 2026 15:52 WIB: out of 50 major cryptocurrencies priced on Pluang, 8 rose and 41 fell. Notable movers include SUSHI at Rp4.533 with a 1-day change of -8.10% and 96% sell order activity, KSM at Rp81.441 down 7.96% with 62% sell orders, and ATOM at Rp31.500 down 7.63% with 80% sell orders.
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