THORChain's latest fee week runs 2.1 times its pre-surge level with no reported hack flows
THORChain took in about $404,600 in swap fees from October 5 to 11, more than double the week before its September surge. Cryptopolitan's count has that 82% below the hack week, and its "no exploit money" label rests on an absence of reports.
Reality
- Evidence55
- Adoption40
- Hype gap+15
- Incentives
- Not scored
- Confidence55
Grayscale's Zcash fund loses a tenth of its net inflows in a single day
Grayscale's Zcash ETF recorded a $30.25 million net outflow on Sept. 30, leaving cumulative net inflows near $268 million. With ZEC 21% below its late-September peak, the next flow prints will show whether the fund's buyers stay with the coin after its run.
Reality
- Evidence45
- Adoption35
- Hype gap+10
- Incentives
- Not scored
- Confidence45
BitMart asks 12 million frozen users to take a payout now or hold tokens tied to its 2021 hack
BitMart's court-backed repayment plan blames a 2021 hack it now puts at $319.5 million for the hole facing more than 12 million frozen users. Each user can take a share of liquid assets now or hold tokens that depend on hack recoveries or a reopening.
Reality
- Evidence45
- Adoption
- Not scored
- Hype gap+30
- Incentives70
- Confidence40
Bitget CEO Gracy Chen expects to recover little of the $388 million stolen from the exchange, citing Bybit's 3.5% freeze rate. On that benchmark about $13.6 million is frozen within a year and roughly $374 million stays with whoever carries the loss.
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+15
- Incentives40
- Confidence50
Wallets tied to the $387.5 million Bitget hack moved 2,746 ZEC, about $3.9 million, into Zcash's Ironwood shielded pool on September 30. The deposit is about 1% of the theft, and across every route tracked so far roughly 13 dollars have gone dark for each dollar frozen.
Reality
- Evidence70
- Adoption
- Not scored
- Hype gap+25
- Incentives55
- Confidence65
Bitget presses Thorchain to shut out the hackers behind its $387.5 million loss
Bitget CEO Gracy Chen asked Thorchain to refuse service to the hackers behind a theft the exchange now puts at $387.5 million. After the Bybit breach, Thorchain's validators reversed a trading halt within 30 minutes, so recovery plans have little reason to count on the protocol's help.
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+10
- Incentives65
- Confidence55
GoPlus says three THORChain validators could halt the swaps that moved $51.5 million of Bitget's stolen funds
GoPlus Security says THORChain validators can halt the swaps that moved about $51.5 million of Bitget's stolen bitcoin and XRP. If that power exists, each DPRK-linked transfer the network signs is a choice made by its roughly 100 node operators.
Reality
- Evidence38
- Adoption
- Not scored
- Hype gap+12
- Incentives
- Not scored
- Confidence35