News list for " theft event"
Chainflip is strengthening its ETH proxy-level screening mechanism to reject suspicious deposits
Cross-Chain Bridge Chainflip Update on Bybit Theft: We have noticed hackers trying to convert Bybit stolen funds into BTC through Chainflip. Currently, we have shut down some front-end services to stop the flow of funds, but since the protocol is fully decentralized and has 150 nodes, we cannot completely shut down the entire system. As a longer-term solution, we are strengthening the ETH broker-level screening mechanism to reject suspicious deposits through the broker-api. Currently, this mecha...
2025-02-22 09:47:29
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