Topic Archive

#Bitget exploit

2 Stories Found

Coins•Oct 30, 2026

RUNE Surges 15% as Hackers Use THORChain to Launder Stolen Funds: What’s Next?

Key Highlights: Stolen funds tied to major security breaches at Binance and Bitget were routed through THORChain, pointing toward a single potential threat actor. THORChain experienced a massive surge in usage, pushing network fees to a weekly peak of $11K and driving RUNE trading volume up by more than 393%. Despite aggressive buying momentum that ...

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Coins•Oct 12, 2026

THORChain Fees More Than Double Pre-Surge Levels Without Bitget Exploit Funds

Key Highlights: THORChain swap fees and revenue dropped 82% below the highs recorded during late September, when illicit flows linked to the Bitget security breach artificially drove up volume. Capital movements from the Bitget exploit accounted for approximately 57% to 63% of THORChain’s total September trading volume and protocol income. The network increased its active ...

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