Bitget hackers move $4 million into Zcash’s private pool, making funds harder to trace
Three transfers pushed about 15% of the stolen ZEC into Ironwood, where payments hide their senders, recipients and amounts.
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Summary
- Wallets linked to Bitget’s $387.5 million hack moved about $3.9 million in Zcash into the cryptocurrency’s private payment system, making the funds harder to trace.
- Transaction records show that 2,746 ZEC entered Zcash’s Ironwood shielded pool in three transfers Wednesday, representing about 15 percent of the ZEC stolen in the Sept. 24 breach.
- Zcash’s shielded pool conceals senders, recipients and transfer amounts, though investigators may still use timing and transaction values to track funds returning to public addresses.
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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
