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project

THORChain

Decentralized cross-chain liquidity protocol enabling native-asset swaps between blockchains without wrapped tokens, settled via its RUNE token.

Known aliases

  • RUNE
  • THORChain
  • THORChain DEX
  • THORChain protocol

Relationships

No evidence-backed relationships are recorded.

Current stories

invest3 publishers

Issuers and protocols have frozen about 0.2% of the $387 million taken from Bitget

Chainalysis tied the $387 million Bitget hack to North Korea-linked hackers, saying it pushed their 2026 crypto theft past $1 billion. Its AI cut more than 20 hours of tracing to minutes, while the bill falls on a Bitget user fund the exchange puts above $464 million.

Perspective Coverage

3 publishers
Builder
Builder 32%
Operator
Operator 41%
Investor
Investor 27%

Reality

Evidence70
Adoption25
Hype gap+35
Incentives60
Confidence65
invest4 publishers

NEAR Intents turned away about $50 million of Bitget loot that the hackers routed elsewhere

NEAR Intents' SHIELD layer refused all but $166,000 of a $50 million-plus attempt by Bitget's hackers. That makes screening policy the clearest difference between NEAR and THORChain. Each protocol carries a different exposure because of it.

Perspective Coverage

4 publishers
Builder
Builder 36%
Operator
Operator 35%
Investor
Investor 29%

Reality

Evidence58
Adoption35
Hype gap+25
Incentives66
Confidence58
invest3 publishers

Bitget presses THORChain to cut off the wallets holding its stolen $387.5 million

Bitget CEO Gracy Chen publicly asked THORChain to refuse service to the wallets that took $387.5 million, after Circle and Tether stopped nearly $318,000. Much of the rest now depends on a no-KYC swap protocol that has declined to block stolen funds in earlier hacks, including its own.

Perspective Coverage

3 publishers
Builder
Builder 38%
Operator
Operator 40%
Investor
Investor 22%

Reality

Evidence57
Adoption44
Hype gap+12
Incentives68
Confidence55
invest15 publishers

Most of Bitget's $387.5 million hack loss sits untouched in attacker wallets

Bitget now puts its September breach at $387.5 million, and AMLBot estimates $343 million of it sat untouched in 13 attacker wallets on Sept. 25. The phased withdrawals due from Sept. 28 are the better guide to whether customer money is safe.

Perspective Coverage

15 publishers
Builder
Builder 25%
Operator
Operator 43%
Investor
Investor 32%

Reality

Evidence66
Adoption
Insufficient
Hype gap+20
Incentives60
Confidence62
invest1 publisher

THORChain refuses to block Bitget-linked addresses despite pausing itself for a $10.7 million hack

THORChain turned down Bitget's request to block addresses tied to a suspected North Korean theft, though it paused its own chain over a $10.7 million hack in May. That pause showed its operators move fast when the loss is theirs. Exchanges downstream are left to screen what THORChain lets through.

Reality

Evidence35
Adoption
Insufficient
Hype gap+10
Incentives55
Confidence40