OKX Star disputes THORChain's claim of decentralization, arguing its validator-controlled vaults act as intermediaries, unlike Bitcoin or Ethereum. This challenge arose after stolen Bitget funds moved through THORChain, raising concerns about cross-chain protocols' asset custody and validator roles. THORChain defends its decentralized, permissionless nature and questions the responsibility of networks when stolen funds pass through them. The debate highlights ongoing scrutiny of how decentralized networks handle security and asset control.
The debate over decentralization in cross-chain protocols like THORChain is the subject here, with Pluang's snapshot of major cryptocurrencies as of Sep 27, 2026 07:21 WIB showing a mixed market: out of 50 priced assets, 19 rose and 30 fell. For example, GRT declined by 3.07% to Rp491 with a typical hold time of 98 days and a sell-heavy order activity of 63%. In contrast, NEO rose in buy interest with 68% buy orders despite a 2.70% price drop to Rp47.482, while XRP also saw a 2.88% price decrease to Rp27.264 and a 64% sell order activity.
THORChain has rejected any responsibility for processing stolen funds linked to the Bitget theft, emphasizing that its decentralized and permissionless structure means no central authority can approve or block transactions. The protocol compared itse...
Zcash (ZEC) experienced a notable price increase of 5.34% within four hours, rising from $1,564 to $1,648 as of 8:47 p.m. ET on September 26. This surge also marked a 6.72% gain compared to the same time the previous day. The price data was recorded ...
Pump.fun, a Solana memecoin launchpad, sold 47,994 SOL for about $5.83 million, pushing its total SOL liquidations above $848 million since early 2024. The platform generates revenue through 1% fees on token launches and trades, converting much of it...
Pump.fun recently sold 47,994 Solana (SOL) tokens valued at about $5.83 million, adding to its large cumulative sales. The platform has now sold a total of 5,236,623 SOL tokens, with an estimated combined value of approximately $848 million. The aver...
NEAR Protocol's token price surged 5.92% to $5.12 on September 26, marking a sharp increase from $4.83 just four hours earlier. This rise also represented a 3.61% gain over the previous 24 hours, with the market capitalization reaching about $6.49 bi...
