Press Enter to search · ESC to close

Crypto DeFi

THORChain Refuses to Blacklist Addresses Tied to Bitget Hack

THORChain has refused to blacklist addresses linked to the Bitget hack, drawing criticism as the exchange’s stolen funds move across the network. Separately, Ethereum co-founder Vitalik Buterin said Ethereum is evolving from a mere blockchain into a world cryptographic computer.

Original source

AI take

THORChain's refusal to blacklist addresses tied to the Bitget hack underscores a structural tension between decentralized infrastructure and exchange-led incident response: a protocol designed to resist censorship cannot easily comply with requests to freeze funds, even when the request comes from a major venue. The practical effect is that stolen assets can keep moving across that network while the exchange's recovery options narrow. Whether THORChain faces broader pressure from exchanges or validators, and whether similar cases harden or soften its stance, is the open question.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback