Bitget Hackers Swap Ethereum for Bitcoin via Exploited THORChain Vulnerability
Bitget hackers have found an unusual way to exchange Ethereum for Bitcoin via THORChain.
THORChain is a decentralized liquidity network that allows users to swap cryptocurrencies without relying on centralized exchanges.
In this case, the hackers took advantage of a vulnerability in THORChain's system and swapped 3,000 ETH (approximately $5.6 million) for BTC.