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 itself to Bitcoin, Ethereum, and BNB Chain, questioning why any of these networks should be held accountable for handling stolen funds. This stance has sparked debate, especially after a previous attack forced THORChain to suspend services for 39 days, leading some community members to question the consistency of its current position. The incident highlights ongoing challenges in managing security and accountability in decentralized cross-chain protocols.
THORChain's stance on Bitget theft fund transfers is context for readers. For those following major cryptocurrencies on Pluang as of Sep 27, 2026 07:21 WIB: 19 of 50 major cryptos rose, 30 fell. Notable moves include AXS at Rp20.750 (-3.09%), GRT at Rp491 (-3.07%), and XRP at Rp27.264 (-2.88%).
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-c...
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...
