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THORChain rejects Bitget's request to block wallets after $387.5M hack; $6.3M swapped to Bitcoin.

Market News
28 Sep 2026
Tokenpost
View Source
Bearish
THORChain rejects Bitget's request to block wallets after $387.5M hack; $6.3M swapped to Bitcoin.

Following a $387.5 million hack on Bitget, THORChain declined the exchange's request to block wallets linked to the breach. Around 2,390 Ether were swapped into 75.2 Bitcoin, worth about $6.3 million, shortly after the hack. Bitget had reported that assets moved to attacker-controlled addresses spanned multiple blockchains, offering a 5% bounty to recover funds. THORChain's protocol allows cross-chain swaps without account restrictions but cannot selectively freeze individual addresses or transactions, limiting its ability to intervene in such cases.

The THORChain and Bitget incident involving a $6.3 million Bitcoin swap provides context for cryptocurrency market activity. For readers following cryptocurrency trends, here is Pluang's market snapshot as of Sep 28, 2026 19:21 WIB: out of 50 major cryptocurrencies, 11 rose and 38 fell. EOS gained 8.13% to Rp12.649, contrasting with UNI's 8.41% decline to Rp162.312 and BCH's 7.02% drop to Rp5.639.625, reflecting varied investor sentiment across assets.

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