#Bitget #THORChain
Bitget CEO Gracy Chen made it clear: the attacker’s address has already been made public and is still being monitored, and she has officially requested that THORChain not provide services to these addresses. She said that decentralization is a design principle and should not be turned into a shield for helping known stolen funds move along.
The background is that DefiLlama’s statistics for the past 7 days show eight DeFi theft incidents, with total disclosed losses of $405,180,455. The largest single case is Bitget’s roughly $387,000,000.
The affected parties are permissionless protocols such as cross-chain bridges: exchanges are starting to publicly name addresses and demand address-level blocking. Whether they accept it or how they implement it will become a reference for subsequent similar incidents. Assessment: if THORChain still refuses to issue a public response for a long time, it indicates that such pressure is hard to implement on protocols without access controls.
$QNT $SUI $RARE
Bitget CEO Gracy Chen made it clear: the attacker’s address has already been made public and is still being monitored, and she has officially requested that THORChain not provide services to these addresses. She said that decentralization is a design principle and should not be turned into a shield for helping known stolen funds move along.
The background is that DefiLlama’s statistics for the past 7 days show eight DeFi theft incidents, with total disclosed losses of $405,180,455. The largest single case is Bitget’s roughly $387,000,000.
The affected parties are permissionless protocols such as cross-chain bridges: exchanges are starting to publicly name addresses and demand address-level blocking. Whether they accept it or how they implement it will become a reference for subsequent similar incidents. Assessment: if THORChain still refuses to issue a public response for a long time, it indicates that such pressure is hard to implement on protocols without access controls.
$QNT $SUI $RARE
