$3.6B Leaves Binance as THORChain Co-Founder Rejects Freeze Proposal

$3.6B Leaves Binance as THORChain Co-Founder Rejects Freeze Proposal

Binance has reopened withdrawals for 15 blockchain networks after a massive security breach that saw roughly $6.3 billion stolen from its hot wallets, according to the exchange. The decision has not fully ended the fallout, but it has helped stabilize user confidence by allowing funds to move again while investigations and on-chain freezing efforts continue. [...]

JP Thor Opposes a Full THORChain Shutdown After FBI Alert

U.S. agencies urged operators to block transactions linked to the Binance theft; the alert did not call for a protocol-wide shutdown.

THORChain Co-Founder Cites Public Data After FBI Binance Blocking Appeal

The FBI explicitly named THORNode operators in its appeal. The protocol’s controls allow broad trading halts, which also interrupt other users.... Read the full story at The Defiant

FBI presses THORChain to block laundered Binance funds

The FBI is pressing THORChain to block $242M of laundered Binance funds routed through bridges. Why the risk sits on DeFi, not BTC.