THORChain exploit drains $10M+ across BTC, ETH, BSC chains
On-chain investigator @zachxbt flagged the multi-chain drain minutes after the funds started moving; the $10M mark is a live count and likely to climb as the attacker's wallets are tracked.
Bitcoin (BTC) is the first decentralized cryptocurrency, introduced in 2009 by an individual or group operating under the pseudonym Satoshi Nakamoto. It runs on its own blockchain, the Bitcoin network, secured through a Proof of Work consensus mechanism in which miners use computing power to validate transactions and produce new blocks roughly every ten minutes. The protocol defines a hard cap of 21 million coins, and the block reward given to miners is automatically halved approximately every four years, embedding a predictable, disinflationary issuance schedule into the network. This scarcity, combined with permissionless access and resistance to censorship, has led many to characterize Bitcoin as a form of digital gold or a store of value distinct from traditional fiat currencies. Beyond peer-to-peer transfers, the Bitcoin ecosystem has expanded to include Ordinals, a method of inscribing data onto individual satoshis that enables NFT-like assets directly on the base layer, and BRC-20, an experimental fungible token standard built on those inscriptions. Emerging Bitcoin Finance (BTCFi) initiatives extend these capabilities further, allowing BTC to be used in staking, lending, and cross-chain security applications, positioning Bitcoin as a foundation for a broader decentralized financial ecosystem.
On-chain investigator @zachxbt flagged the multi-chain drain minutes after the funds started moving; the $10M mark is a live count and likely to climb as the attacker's wallets are tracked.
The bitcoin miner-turned-AI operator upsized a $2B raise to nearly $3B in three days — one of the sector's largest converts, with proceeds funding Nvidia-backed GPU and data center buildout.
Eleven of the last fifteen Q2 closes have been green — the strongest quarter by hit-rate. The setup heading into the back half of Q2 2026 is unusually aligned with that seasonality.
The headline is the BTC count, but the real signal is the preferred-stock float doing the funding work — $1.5B of STRC demand in a single session lets Strategy keep adding bitcoin without tapping…
The committee vote unlocks the SEC-to-CFTC jurisdictional split the market has been pricing as a tail risk for years — but a full Senate floor vote, cloture math, and a conference with the House…
The committee vote advances the market-structure bill, but a stablecoin-yield fight with the banks, a Trump-conflict push from Warren, and a 60-vote Senate floor hurdle all stand in the way.
The S&P 500's cyclically adjusted P/E is within 5% of the 1999 high — and bitcoin is sitting at roughly half its 2025 peak, the kind of price gap that could pull diversification flows if equity…
A fourth straight day of ETH ETF outflows paired with a clean BTC inflow session shows the institutional bid is still doing the work — just unevenly across products.
The 15–9 committee vote hands crypto its most concrete legislative momentum in years, while spot BTC ETFs book $131M in net inflows on the same session.
With futures now pricing a 44% chance of a December rate hike, the opportunity cost of holding Bitcoin against a 4.05% two-year yield is doing exactly what the macro playbook says it should.
The 15-9 bipartisan vote is the first structural crypto market-structure breakthrough in months — and it landed while macro risk-off from Trump's Strait of Hormuz comments was supposed to weigh on…
A regulated US index product on the CME lands the same week total crypto market cap retakes $2.71T and Bitwise's Hyperliquid ETF begins trading — three institutional rails clicking into place at once.
The Feb. 10 Coinbase purchase was the largest disclosed trade — a notable overlap between the president's personal book and the companies setting US crypto policy direction.
A newly created Bitcoin wallet (bc1qgm…) withdrew 676.72 BTC — worth approximately $55.12 million at the time — from…
A top-five South Korean commercial bank just took a board-approved 1 trillion won position in the country's largest crypto exchange — the clearest signal yet that legacy finance in Seoul is moving…
667 $BTC (≈54.2M) moved from unknown wallet to #Coinbase.
630 $BTC (≈51.2M) moved from #Coinbase to unknown wallet.
636 $BTC (≈51.9M) moved from unknown wallet to #Coinbase.
629 $BTC (≈51.3M) moved from #Coinbase to unknown wallet.
628 $BTC (≈51.1M) moved from #Coinbase to unknown wallet.
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
Bitcoin (BTC) launched on 2009-01-03.
Bitcoin (BTC) is categorised as: Smart Contract Platform, Layer 1 (L1), FTX Holdings.
The official Bitcoin site is http://www.bitcoin.org.
Most recent Bitcoin coverage: "THORChain exploit drains $10M+ across BTC, ETH, BSC chains" — read at /en-US/a/thorchain-exploited-across-bitcoin-ethereum-bsc-and-base.