Bitget hack sparks dispute over THORChain’s permissionless design: Security incident
THORChain has defended its permissionless design after Bitget asked the cross chain protocol to refuse service to addresses tied to the exchange’s $387.5 million security breach, opening a dispute over whether its network should block known stolen funds. THORChain said…
StatusUnder review
Reported loss$387.5M
ChainNot specified
Confidence55%
Evidence boundary
Confidence describes the coverage of the available evidence. It is not a safety rating and does not guarantee that a protocol or asset is safe.
Sources
Record history
First seen: 2026-09-28T07:11:55.000Z. Last updated: 2026-09-28T11:57:30.868Z. Revision: 1.