THORChain

THORChain, the decentralized liquidity network, is facing internal governance dilemmas in the aftermath of a major security breach at the cryptocurrency exchange Bitget. The incident has intensified debate over how decentralized protocols should respond to exchange hacks and manage their own decision-making processes. Commentators are weighing the implications for cross-chain finance and whether THORChain's governance structure is equipped to handle fallout from external security failures.