Security· ★★★· bearish·

GoPlus Says THORChain Can Block DPRK-Linked Funds But Doesn't

  • —GoPlus: THORChain's TSS vaults require active signing, unlike Bitcoin and Ethereum consensus
  • —Active validator set is capped near 100 nodes, churning roughly every three days
  • —Nearly 499,000 ETH from the Bybit hack moved through THORChain, generating about $5.9 billion in volume and $5.5 million in fees
  • —About 101.5 BTC worth $8.5 million and 27.63 million XRP worth $43 million exited via THORChain after the Bitget breach
Why it matters: Scrutiny of THORChain's custody model adds pressure on RUNE and could accelerate calls to block DPRK-linked funds.
Source: Blockonomi