Bitget’s hackers turn to Zcash after $50 million laundering route gets blocked
Hackers behind Bitget’s $387.5 million breach are turning to Zcash’s privacy features to hide the stolen funds as crypto firms increasingly block other escape routes. About 2,746 ZEC worth roughly $3.9 million was transferred Wednesday into Zcash’s…
Bitget’s hack just got $36 million bigger, and now there’s a bounty on the stolen crypto
Bitget has raised the estimated value of assets taken in its Sept. 24 breach to $387.5 million as exchanges and security firms mobilize to freeze and recover the stolen funds. The new estimate is up from $351.6 million after further on-chain tracing…
Users warned to pull funds immediately as EU sanctions force crypto platform into withdrawal-only mode
NoOnes has entered withdrawal-only mode weeks after telling users that an EU sanctions listing named a separate company and did not affect the platform or its operator. The crypto platform strongly recommended that customers remove their full balances no…