SlowMist's Cosine questions THORChain's double standard: the protocol intervened in its own hack incident, yet insists it has "no right to interfere" in external related events.
51 minutes ago
SlowMist founder Yu Xian stated in a post that the Bitget hack is a widespread, public, high-value and clear hacker incident, with North Korean hacker fund traces quickly linked. Circle, Tether and other platforms acted promptly to freeze relevant funds, especially Circle froze the USDC held by the hackers. THORChain, which itself was previously hacked, intervened quickly as a self-proclaimed "decentralized" platform. However, when facing major industry events, it ignored communication with all parties, compared itself to Bitcoin and Ethereum, claimed to be decentralized, asserted it had no right to interfere, and continued to enjoy large cross-chain fees contributed by North Korean hackers. Decentralization is not a slogan; in major industry events, the key is to clarify which problems need to be addressed collectively.
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