Crypto Heist Sparks Security Concerns: Hacker’s On-Chain Message Rocks Coinbase

A brazen hacker accused of orchestrating a $300 million theft from the Coinbase platform has sent shockwaves through the cryptocurrency world with a public message. This message, revealed by blockchain researcher ZachXBT, followed the alleged conversion of nearly $43 million worth of cryptocurrencies via THORChain. The incident raises questions about security vulnerabilities in the decentralized finance (DeFi) ecosystem and the tactics used by criminals on blockchain networks.