THORChain decentralization challenged over DPRK flows
8 Articles
8 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 [...]
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 .
While efforts continue to track the funds stolen following the security incident at Bitget, it has been reported that the attackers have begun transferring some assets across chains via THORChain. SlowMist's on-chain tracking platform, MistTrack, announced that the funds were used in exchange and cross-chain bridging transactions via THORChain. MistTrack also stated that a significant portion of the approximately $1.2 billion in funds stolen in …
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