✉news TechnologyCybersecurity first seen 11 h ago, last 4 h ago, peak #18
THORChain response to Bitget $387.5M hack fuels blacklist debate
Original: 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.
Why now: The size of the Bitget hack and THORChain's stance on blacklisting stolen funds have reignited debate over decentralisation versus asset recovery.
Evidence
- THORChain’s response to Bitget’s $387.5M hack sparks blacklist debate · The Cryptonomist
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