Bitget’s hackers turn to Zcash after $50 million laundering route gets blocked

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CryptoSlate
Bitget’s hackers turn to Zcash after $50 million laundering route gets blockedWorldPing
Image via CryptoSlate.

What happened

Hackers behind Bitget’s $387.5 million breach are turning to Zcash's privacy features to hide the stolen funds as crypto firms increasingly block other escape routes.

About 2,746 ZEC worth roughly $3.

Key facts

  • Hackers behind Bitget’s $387.5 million breach are turning to Zcash's privacy features to hide the stolen funds as crypto firms increasingly block other escape routes.
  • About 2,746 ZEC worth roughly $3.
  • Reported by CryptoSlate and published Wed, 30 Sep 2026 20:20:28 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Bitget Hacker Turns to Zcash Privacy Pool After Near Rejects $50M in Swaps

  2. Bitget’s hackers turn to Zcash after $50 million laundering route gets blocked

  3. Mark Moss: The Bitcoin Endgame – BTC to $1 Million by 2030

  4. Bitcoin Privacy Breakthrough a Zcash Killer? | Misha Komorov, Alloc Innit

  5. Grayscale: XRP’s Near-6% Bitcoin Valuation Sets a Benchmark for Zcash

  6. Bitcoin enters its best season after a 43% surge, with $147,000 suddenly on the math

Sources

The original report was published by CryptoSlate. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CryptoSlate

Follow the story

Living hubs that keep updating as this story develops.

Related WorldPing coverage

Bitcoin Privacy Breakthrough a Zcash Killer? | Misha Komorov, Alloc InnitWorldPing
Bitcoin Magazine

Bitcoin Privacy Breakthrough a Zcash Killer? | Misha Komorov, Alloc Innit

Bitcoin Magazine Bitcoin Privacy Breakthrough a Zcash Killer? | Misha Komorov, Alloc Innit Misha Komarov explains Shielded Bitcoin—a proposed ZK privacy protocol using Bitcoin PIPEs to hide transactions with no soft fork needed.

Brief by WorldPing · Original reporting by Bitcoin Magazine

Mark Moss: The Bitcoin Endgame – BTC to $1 Million by 2030WorldPing
Bitcoin Magazine

Mark Moss: The Bitcoin Endgame – BTC to $1 Million by 2030

Bitcoin Magazine Mark Moss: The Bitcoin Endgame – BTC to $1 Million by 2030 Mark Moss explains why Bitcoin keeps climbing post-Fed rate hike, benefiting from both currency debasement and a booming tech future.

Brief by WorldPing · Original reporting by Bitcoin Magazine