Alexis A Chocho M
2 Following
24 Followers
29 Liked
0 Shared
Posts
🚨 The Kelp DAO hacker has already laundered $80 MILLION in #ETH
Most of the funds were moved via THORChain, according to on-chain data. 👇
The attacker converted thousands of 🪙 #ETH to ₿ #BTC using cross-chain swaps. A classic tactic to make tracking harder and fragment the flow of funds.
The impact was immediate:
📊 #THORChain volume in 24h: $394 million
📉 Usual average: $10M–$35M
A jump completely off the charts. All this happened after #Arbitrum froze part of the stolen funds.
➡️ The hacker reacted by quickly moving the rest.
⚠️ The underlying issue:
Protocols like THORChain cannot censor transactions. They are decentralized, without central control.
This case raises a key question: Can DeFi curb money laundering without sacrificing decentralization? 🤔
If you want to dive deeper into the movements of the Kelp DAO hacker, check out our full report:
🔗 criptoinforme.com/defi/hacker-
Most of the funds were moved via THORChain, according to on-chain data. 👇
The attacker converted thousands of 🪙 #ETH to ₿ #BTC using cross-chain swaps. A classic tactic to make tracking harder and fragment the flow of funds.
The impact was immediate:
📊 #THORChain volume in 24h: $394 million
📉 Usual average: $10M–$35M
A jump completely off the charts. All this happened after #Arbitrum froze part of the stolen funds.
➡️ The hacker reacted by quickly moving the rest.
⚠️ The underlying issue:
Protocols like THORChain cannot censor transactions. They are decentralized, without central control.
This case raises a key question: Can DeFi curb money laundering without sacrificing decentralization? 🤔
If you want to dive deeper into the movements of the Kelp DAO hacker, check out our full report:
🔗 criptoinforme.com/defi/hacker-
People say that Saylor and BlackRock are 'buying all the Bitcoin', but it doesn't work that way.
Yes, large institutions are accumulating a lot. MicroStrategy has built a massive position over time, and BlackRock's ETF has attracted significant demand from investors. So it may seem like retail investors are being sidelined.
But #BTC is not running out.
There will always be Bitcoin in circulation because miners continue to produce new coins, and most importantly, holders decide when to sell. Much of #Bitcoin is also simply inactive long-term, not actively traded.
What is really happening is simple: more people are holding, fewer coins are freely available on exchanges, and demand is increasing.
So it's not that there is no Bitcoin available anymore. It's that the available supply is becoming scarcer, and that normally only means that the price adjusts upward until sellers appear.
#BTC Price Analysis# $BTC
Yes, large institutions are accumulating a lot. MicroStrategy has built a massive position over time, and BlackRock's ETF has attracted significant demand from investors. So it may seem like retail investors are being sidelined.
But #BTC is not running out.
There will always be Bitcoin in circulation because miners continue to produce new coins, and most importantly, holders decide when to sell. Much of #Bitcoin is also simply inactive long-term, not actively traded.
What is really happening is simple: more people are holding, fewer coins are freely available on exchanges, and demand is increasing.
So it's not that there is no Bitcoin available anymore. It's that the available supply is becoming scarcer, and that normally only means that the price adjusts upward until sellers appear.
#BTC Price Analysis# $BTC
Login to explore more contents