THORChain Decentralization Challenged over DPRK Flows
5 Articles
5 Articles
THORChain Faces Custody Scrutiny Over DPRK Fund Movements, GoPlus Says
TLDR: GoPlus says THORChain’s TSS vaults require active signing, unlike Bitcoin and Ethereum’s consensus. THORChain’s active validator set stays capped near 100 nodes, churning roughly every three days. Pause and Mimir governance tools already let THORChain nodes halt swaps or block certain chains. Bybit and Bitget flows through THORChain generated millions in swap fees for [...]
According to ChainCatcher, GoPlus Security posted on the X platform that, unlike Bitcoin and Ethereum, fund outflows from THORChain require validators to actively sign via TSS threshold signatures. They stated that approximately 101.5 BTC (about $8.5 million) of the stolen funds from Bitget have already been transferred out through them, and another approximately 27.63 million XRP (about $43 million) are being converted into BTC. They urged GoPl…
GoPlus Security challenges THORChain’s decentralization claims over DPRK-linked funds
The debate over THORChain's decentralization highlights the tension between protocol control and true permissionless blockchain ideals. The post GoPlus Security challenges THORChain’s decentralization claims over DPRK-linked funds appeared first on Crypto Briefing .
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