Anndy Lian defends THORChain's technical limitations in blocking stolen funds, explaining that while nodes can halt trading via consensus, implementing surgical per-address blacklisting would require either halting all swaps or deploying code upgrades—constraints inherent to decentralized, permissionless protocols. The discussion follows reports that Bitget exploit funds were routed through THORChain for cross-chain transfers, raising questions about the protocol's responsibility toward known stolen assets.
Ethereum community members debate blockchain governance and market valuations on X. Discussion centers on whether decentralized exchanges should reverse transactions for stolen funds, with comparisons to past Ethereum rollbacks, alongside market analysis suggesting major cryptocurrencies remain significantly below all-time highs.
Bitget CEO Gracy Chen formally requested that THORChain reject transactions from addresses linked to recent exploits, arguing that decentralization should not shield protocols from handling known stolen funds. MistTrack reported that proceeds from Bitget and prior Bybit exploits were routed through THORChain for cross-chain transfers, sparking debate over protocol responsibility.