THORChain addresses questions regarding the Bitget security incident, emphasizing the ...

THORChain addresses questions regarding the Bitget security incident, emphasizing the permissionless nature of decentralized protocols.

On September 27, TechFlow reported that MistTrack (@MistTrack_io) disclosed that following the transfer of nearly $1.2 billion in stolen funds via THORChain in last year's $1.46 billion Bybit hack incident, Bitget recently experienced another major security incident, with the stolen funds suspected to have once again flowed through THORChain. In response, THORChain officially stated that its protocol, like Bitcoin, Ethereum, and BNB Chain, operates as a decentralized, permissionless network.

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