Markets1 source
Hackers swap $50M stolen XRP for 1,650 BTC via THORChain: Elliptic
Headline from Crypto Briefing
Key points
- Blockchain analytics firm Elliptic reports that hackers transferred fifty million dollars worth of stolen XRP into approximately one thousand six hundred fifty Bitcoin using the decentralized protocol THORChain.
- This large-scale conversion of compromised funds into Bitcoin could increase regulatory oversight on cross-chain platforms and potentially influence short-term market sentiment surrounding the XRP token.
Summarized automatically by Kryptokite from reporting by Crypto Briefing. Read the original sources for full detail.
Coins mentioned
Sources
- Crypto BriefingHackers swap $50M stolen XRP for 1,650 BTC via THORChain: Elliptic · 1 hour agoRead on Crypto Briefing
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