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- 1THORChain response to Bitget $387.5M hack fuels blacklist debate●THORChain’s response to Bitget’s $387.5M hack sparks blacklist debate
A THORChain response tied to Bitget's $387.5 million hack is driving debate over whether the cross-chain protocol should blacklist funds linked to the theft. Observers in the crypto community are split between those arguing THORChain should help freeze stolen assets and those saying censorship would undermine its decentralised, permissionless design. The episode has reignited broader arguments over how decentralized protocols should respond to major exchange hacks.
- 2THORChain Governance Under Strain After Bitget Security Breach●THORChain Faces Governance Dilemmas After Bitget's Major Security Breach
THORChain is facing governance dilemmas following a major security breach at cryptocurrency exchange Bitget. The incident has raised questions about how decentralized protocols respond to exchange vulnerabilities, with debate focusing on THORChain's decision-making processes and its exposure to risks from centralized platforms. Observers are watching how the protocol's community handles governance decisions in the breach's aftermath.