Bitget Formally Asks THORChain to Refuse Service to Attacker Addresses
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.13 Articles
13 Articles
THORChain keeps its blockchain exchange service open despite Bitget’s request to block wallets associated with the $387.5 million theft. The decision revives criticism about the role of protocols without permits when they receive illicit funds publicly tracked.
Bitget Asks THORChain to Block Hacker Funds, Protocol Says No
The post Bitget Asks THORChain to Block Hacker Address, Protocol Says No appeared first on Coinpedia Fintech News The Bitget hack has sparked a new debate over crypto’s biggest promise of decentralization. After hackers routed stolen funds through THORChain and converted assets into Bitcoin, Bitget CEO Gracy Chen asked the protocol to block the attacker addresses. THORChain rejected the request, saying its permissionless design does not allow i…
THORChain Pushes Back on Bitget Block Request as Star Xu Questions Decentralization Claim
THORChain has rejected calls to block addresses linked to Bitget’s September 24 exploit, defending its permissionless architecture as criticism mounts over whether its validator-controlled vaults make the protocol comparable to Bitcoin or Ethereum. Bitget has now confirmed approximately $387.5 million was transferred to attacker-controlled addresses during the wallet breach, up from its initial $351.6 million… Continue reading THORChain Pushes B…
Crypto Industry Makes Concerted Effort To Support Bitget After $387.5M Hack
Bitget, a leading unified exchange (UEX), is currently facing a major ordeal after an attacker siphoned $387.5 million through a vulnerability in its hot wallet infrastructure. Thanks to its combination of proactive measures and timely intervention, it contained the incident. Despite that, the compromised funds remain in limbo. Meanwhile, key industry participants have banded together […]
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
