THORChain Governance Model Faces Scrutiny After Bitget Hack
THORChain co-founder Chad Barraford defends the protocol's governance amid criticism over its refusal to block funds linked to the $387.5 million Bitget hack.

THORChain co-founder Chad Barraford defends the protocol's governance amid criticism over its refusal to block funds linked to the $387.5 million Bitget hack.

Aurora co-founder Alex Shevchenko has identified the hacker behind the $3.8 million NEAR Intents exploit and issued a 48-hour deadline for the return of funds.

NEAR Intents has demanded the return of $3.8 million stolen in a recent exploit, giving the attacker a 48-hour deadline to comply.

Cross-chain protocol NEAR Intents lost $3.8 million in a smart contract exploit, shortly after assisting the Bitget exchange with its own security recovery efforts.

Near Intents has suspended services after a $3.8 million exploit, occurring just days after the platform blocked a transaction linked to the massive Bitget exchange hack.

The cross-chain swap service NEAR Intents has been exploited for $3.8 million, prompting a temporary suspension of services across 11 blockchain networks.

The hacker behind the $387.5 million Bitget exchange heist is using Zcash privacy pools to launder funds after being blocked by Near Intents.

THORChain faces scrutiny after refusing to block addresses linked to a $387.5 million hack of Bitget, sparking a debate over the legal risks of decentralization.

Solana's DeFi TVL has rebounded to $6.5 billion following a $285 million hack of Drift Protocol, aided by a recovery fund and a surge in SOL prices.

Bitget CEO Gracy Chen doubts the recovery of $387.5 million stolen in a recent security breach, citing the limited success of similar efforts following the February 2025 Bybit hack.

Bitget CEO Gracy Chen doubts the full recovery of $388 million in stolen assets, citing the low success rate of similar past industry hacks.

Bitget CEO Gracy Chen criticized THORChain for refusing to block addresses linked to a $387.5 million hack, citing the protocol's past decision to halt operations for 39 days.

Bitget has confirmed a security breach resulting in the loss of $387.5 million, with investigators pointing to North Korean hackers as the primary suspects.

THORChain has rejected a request from Bitget to block funds stolen in a $387.5 million hack, citing its permissionless architecture and lack of central control.

The attacker behind the $387.5 million Bitget breach has moved $1.23 million through Binance as investigators track funds across multiple blockchains.

Bitget suspended withdrawals after a $387.5 million hack, the largest exchange breach of 2026, while the company prepares to cover losses using its $464 million protection fund.

Bitget CEO Gracy Chen confirmed that North Korean hackers stole nearly $388 million in digital assets from the exchange, surpassing initial estimates.

Cryptocurrency exchange Bitget has revised its estimated losses from a recent hot wallet hack to over $387 million, marking the largest such incident in 2026.

Cryptocurrency exchange Bitget reported a security breach resulting in the loss of $387.5 million, with the company pledging to cover all customer losses from its $464 million protection fund.

Magic Eden warned that NFTs listed on its former EVM marketplace remain vulnerable to a Payment Processor V2 exploit, prompting a whitehat rescue of over 23,000 assets.
