✉news TechnologyCybersecurity first seen 3 h ago, last 27 min ago, peak #18
THORChain's refusal to blacklist funds from Bitget hack sparks debate
Original: THORChain’s response to Bitget’s $387.5M hack sparks blacklist debate
Following a $387.5 million hack of Bitget, THORChain declined to blacklist the stolen funds moving through its cross-chain liquidity network, prompting a debate within the crypto industry. Critics argue decentralized platforms should cooperate in freezing illicit proceeds, while defenders say permissionless networks cannot and should not selectively block transactions, reigniting a long-running argument over decentralization principles versus security cooperation.
Why now: The hack has renewed an ongoing dispute over whether decentralized exchanges should blacklist stolen funds.
Rank over time, top of the chart is #1. 3 snapshots from 3 h ago to 27 min ago.
Evidence
- THORChain’s response to Bitget’s $387.5M hack sparks blacklist debate · The Cryptonomist
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