GoPlus Security disputes THORChain's claims of decentralization, highlighting that its validator-controlled vaults and emergency governance can halt transactions, unlike Bitcoin or Ethereum. This criticism follows concerns over stolen funds routed through THORChain after the 2025 Bybit hack, attributed by the FBI to North Korea, and a recent Bitget breach. GoPlus argues THORChain's emergency mechanisms allow node operators to stop network activity when funds are at risk, questioning the protocol's comparison to fully decentralized Layer 1 blockchains. The debate centers on whether THORChain should block stolen assets moving through its network, with GoPlus urging use of official government lists for intervention.
The story about THORChain decentralization concerns comes as Pluang data shows that out of 50 major cryptocurrencies, 29 rose and 20 fell today. For readers following the broader crypto market, here is Pluang's snapshot as of Sep 27, 2026 19:01 WIB: SUSHI (SushiSwap) traded at Rp4.845 with a 1-day change of +2.43% and a typical hold time of 101 days, BAT (Basic Attention Token) at Rp1.740 with +2.38%, and COMP (Compound) at Rp440.481 with +2.35%. Pluang order activity indicates strong selling pressure on these assets, with SUSHI at 94% sell, BAT at 100% sell, and COMP at 97% sell.
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