KelpDAO Hacker Swaps $175M ETH for Bitcoin in 36 Hours via THORChain
KelpDAO Hacker Converts $175M in ETH to Bitcoin After hackers exploited KelpDAO, they quickly transferred $175 million worth of ETH (75,700 units) and almost immediately exchanged it for Bitcoin within 36 hours. They primarily used THORChain, a system that allows direct ETH-to-BTC swaps without needing a middleman. This activity caused a huge spike in THORChain’s … Read more

