CoinsAQ summary · neutral
Bitget’s hackers turn to Zcash after $50 million laundering route gets blocked
What happened
Zcash shielding is becoming part of Bitget hackers’ escape strategy as crypto firms freeze, reject and reroute stolen funds. 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.
Related asset context
Not financial advice. News and sentiment can be incomplete, delayed, or change quickly.
Continue researching
Related stories
Crypto scammers used SEC’s website to lure investors into alleged $130 million fraud
The SEC removed filings allegedly used by BG Wealth and DSJ Exchange to legitimize a $130 million crypto fraud.
Meta and NYU’s h1 system beats elaborate theorem-proving workflows at lower cost
Meta and NYU's h1 loop scored 670/672 on PutnamBench and beat AlphaProof Nexus on Erdős problems at $121 versus $317 per proof.
The crypto reader's guide to the 2026 midterm election: State of Crypto
The crypto reader's guide to the 2026 midterm election: State of Crypto America is going to the polls, and the results will shape crypto legislation and regulation over the next two years. Here's what to know. By Nikhilesh De |