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Crypto Prune > News > The wallet adds antisense radexes that hackers use for Bibit
News

The wallet adds antisense radexes that hackers use for Bibit

8 months ago 4 Min Read

USTOPPABLE, Bitcoin Multi Wallet (BTC) and cryptocurrency add Thorchain to his self-system infrastructure. Thorchain is its decentralized exchange (DEX) as it was the DEX that the Lázarus group was used to move funds stolen from Bibit, as reported by Cryptooticies because its integration is important. According to the USTOPPABLE team, the merger will take place later this week.

“Why Tall Chain? It’s the only dex between censor-resistant chains that actually worked, even during bibit hacking, so no accounts without KYC. No intermediary. Only pure exchanges between BTC and ETH. No contact with central exchanges, and will not arrive next week. Your key. Saw chain. Theoretically Transactions can be interacted directly from the wallet via tall chainuse the funds stored therein.

This AutoCustodycia Multi-Wallet is open source and uses WalletConne. It has protection against identity phishing or spoofing, and modalities to protect funds from external enforcement.

Thorchain, a decentralized and indifferent exchange?

Thorchain has a reputation for agnostic distributed exchanges. At the very least, your community appears to be defending non-interventionism in its network.

As Cryptonoticia notified at the time, BYBit suffered from an attack caused by the Lazarus Group on February 21, 2025. It is estimated that he lost around 400,000 ETH and about $1,000 million at the time of reporting. Bybit CEO Ben Zhou highlighted what more than 300,000 ETH stolen from Bybit highlights They were exchanged through tocaine.

Bybit requested assistance from a decentralized exchange in which the Lazarus Group had washed the fund.

There have been attempts on the part of several Volchain validators to block transactions linked to the Lazarus group, The vote to implement this measure has been reversed. It generated controversy and opinions divided into the cryptocurrency industry.

See also  Bitcoin surpasses $118K, the second highest high in under 24 hours

As a result of the internal conflict, the leading developer of Thorchain, known as “Plus Plus”, resigned and criticised the lack of action in protocols to stop the flow of illegal funds. This suggests that technically, it may have been possible to coordinate actions between validators to limit specific transactions, but the community did not reach a consensus to do so.

Thorchain’s technical documentation shows the node operators of AppChain If malicious activity is detected, trade within Torcain can be jointly stopped.

A single node can pause negotiations (Limp) Up to 1 hour (720 blocks). Additional nodes requesting a pause add 720 blocks to the pause timer. Nodes requesting that negotiations resume will remove 720 blocks from the timer. The pause function can only be called once per active node for every abandoned cycle (3 days). This allows the network to respond to malicious threats without granting unilateral control nodes.

Tall chain, dex for inter-chain exchange.

Similarly, unlocking this node’s detention process creates a safe that also halts Thorchain’s trade liquidity, as long as malicious activity is detected in the network. These malicious activities are designated and monitored by Thorsec, A committee reviewing threats on the network.

In conclusion, Thorchain has the ability to face threats and at least allow illegal agents to unprovision their funds, at least through the “off” of his liquidity safe, Yggdrasill. However, it appears that the community is not inclined to use these security mechanisms, as shown in the case of Bibit.

As a result, if used legally of the right to trade freely not permitted with legal funds; Thorchain shows usefulness for the average user.

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TAGGED:Technology
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