Thorchain, which refused to block the Bitget hacker's address, has no individual transaction function.
Original headline비트겟 해커 주소 차단 거절한 토르체인, 개별 거래 기능 없어
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
THORChain declined Bitget’s request to block transactions from the exchange’s hacker-linked addresses, saying the protocol cannot filter individual addresses or single swaps because its vaults are jointly managed by validators. The dispute follows a May 15 exploit that drained $10.7 million from a THORChain vault by abusing a GG20 signing vulnerability, prompting automated checks to halt transactions and signing on some chains and node operators to pause the entire network for about five weeks. THORChain is a cross-chain swap protocol whose shared vault model means any exclusion rule would have to apply network-wide rather than per transaction. The standoff matters because it highlights the tension between decentralized infrastructure and exchange-led recovery efforts after hacks. What to watch next is whether Bitget pursues alternative recovery routes or pushes for a protocol-level filtering mechanism.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
THORChain, Bitget, GG20