A wallet linked to the Bitget hack swapped about $6.3 million in Ethereum for Bitcoin through THORChain after the network refused to block addresses tied to the September 24 breach. The wallet completed 27 swaps, converting roughly 2,390 ETH into 75.2 BTC, sending all Bitcoin to a single address. Bitget had requested THORChain to block transactions from attacker-linked addresses, but THORChain said its emergency controls can halt network activity but cannot freeze individual swaps. Bitget raised the breach estimate to $387.5 million and launched a recovery bounty program to incentivize freezing and recovering stolen assets. The exchange is gradually reopening withdrawals after security checks.
The Bitget hacker's recent $6.3 million Ethereum-to-Bitcoin swap through THORChain provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Sep 29, 2026 01:51 WIB: out of 50 major cryptocurrencies, 12 rose and 37 fell today. Notable gainers include ONE (Harmony) up 18.20% at Rp47 with a typical hold time of 152 days and a Pluang order activity of 66% Buy, ALGO (Algorand) up 12.69% at Rp2.416 with a hold time of 129 days, and BAL (Balancer) up 11.14% at Rp16.297 with a hold time of 85 days.
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