After hackers stole $387.5 million from Bitget, CEO Gracy Chen urged Thorchain to block the attackers' wallets. Thorchain refused, citing its decentralized, permissionless nature similar to Bitcoin and Ethereum, sparking debate among crypto leaders. OKX founder Star Xu criticized Thorchain's decentralization, while Dashpay's Joel Valenzuela defended it. This controversy recalls Thorchain's role in moving $1.2 billion stolen in Bybit's 2025 hack, raising questions about its selective intervention in hacks. The debate highlights tensions between decentralization principles and practical responses to crypto thefts.
Thorchain's recent controversy over crypto theft responses is context for readers following crypto security debates. For readers following this topic, here is Pluang's market snapshot as of Sep 28, 2026 01:02 WIB: Of 50 major cryptocurrencies priced on Pluang, 15 rose and 34 fell today. Notable movers include XTZ (Tezos) at Rp5.834 with a -2.72% change and 0% Sell / 100% Buy order activity, FIL (Filecoin) at Rp20.597 with a -2.67% change and 41% Sell / 59% Buy, and AXS (Axie Infinity) at Rp20.999 with a -2.65% change and 98% Sell / 2% Buy.
Quant (QNT) surged 54.89% to $187.02 on September 27, 2026, with reported volume of $710 million. However, on-chain analysis shows 77.4% of this volume is wash trading, suggesting the price move may be artificially inflated. Additionally, net inflows...
Ethena (ENA) token price increased from $0.2705 to $0.2929 within four hours on September 27, marking an 8.28% gain on Binance's ENA/USDT spot market. The token also showed a 7.64% rise compared to the previous 24 hours. During the same period, short...
The FDA approved Eli Lilly's Onswik, a once-weekly basal insulin for adults with type 2 diabetes, marking a useful extension to its diabetes treatments. While the stock rose 2.85% to $1,183.76, this new insulin is unlikely to significantly change the...
Hut 8 has been named the winning bidder for two former Poolin Bitcoin mining campuses in West Texas, offering $140 million in cash and other considerations. The sale, subject to approval by a New Jersey bankruptcy judge, includes the Pyote and Tarbus...
Union Pacific, CSX, and Norfolk Southern reported robust second-quarter results driven by strong freight volumes and pricing power. Union Pacific leads with a rising dividend supported by high cash flow and strategic capacity expansions. CSX offers s...
