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🚨 THORChain Developer Resigns Over North Korean Hackers Controversy 🚨
🔹 A core developer of THORChain, known as “Pluto,” has stepped down after a failed attempt to block transactions linked to North Korean hackers (Lazarus Group).
🔹 THORChain validators initially halted ETH trading to prevent illicit funds from being laundered but later reversed the decision after failing to reach the required votes.
🔹 The Lazarus Group reportedly funneled $605M in stolen ETH through THORChain after the $1.5B Bybit hack. This resulted in record-breaking activity on the protocol.
🔹 THORChain’s founder argued that tracking and blocking sanctioned wallets in real time is difficult, fueling debate over decentralization vs. compliance.
🔹 Concerns rise over THORChain’s ability to withstand regulatory scrutiny due to its small validator base and governance structure.
💬 Do you think decentralized protocols should intervene in such cases? Drop your thoughts below! 👇
#THORChain #CryptoNews #Decentralization #Blockchain #LazarusGroup #Ethereum #ThorchainSuccess #thor #THORSwap #Thorcoin $THETA
$TRX
$TAO
🔹 A core developer of THORChain, known as “Pluto,” has stepped down after a failed attempt to block transactions linked to North Korean hackers (Lazarus Group).
🔹 THORChain validators initially halted ETH trading to prevent illicit funds from being laundered but later reversed the decision after failing to reach the required votes.
🔹 The Lazarus Group reportedly funneled $605M in stolen ETH through THORChain after the $1.5B Bybit hack. This resulted in record-breaking activity on the protocol.
🔹 THORChain’s founder argued that tracking and blocking sanctioned wallets in real time is difficult, fueling debate over decentralization vs. compliance.
🔹 Concerns rise over THORChain’s ability to withstand regulatory scrutiny due to its small validator base and governance structure.
💬 Do you think decentralized protocols should intervene in such cases? Drop your thoughts below! 👇
#THORChain #CryptoNews #Decentralization #Blockchain #LazarusGroup #Ethereum #ThorchainSuccess #thor #THORSwap #Thorcoin $THETA
$TRX
$TAO
RUNE is going to blast in next 7 days ✈️✈️✈️....
$RUNE coin is predicted to increase 58% in next 7 days. Currently #Rune is -28% down and it is on the top of loser list.
It may be a good time to buy. I am going to invest some money in it. I prefer only Spot Trading.
Do your own research before making any investment.
#Thorcoin
$RUNE coin is predicted to increase 58% in next 7 days. Currently #Rune is -28% down and it is on the top of loser list.
It may be a good time to buy. I am going to invest some money in it. I prefer only Spot Trading.
Do your own research before making any investment.
#Thorcoin
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