The Fight for DEXes Begins Now

The FBI has called on THORChain node operators to help censor transactions tied to the latest Binance hack, and the author argues that permissionless DEXes now face a decisive test. The author argues that DEXes did not facilitate the theft and that targeting them makes little sense. The article says THORChain has fewer than 120 nodes, goes down often, and has a market value of about $200m, while its sister project Maya Protocol is less vulnerable because it is not US-based.