Aftermath & industry impact

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The Bybit hack and eXch shutdown reignited industry debate over the tension between decentralisation and compliance in the wake of major exploits

eXch exchange said its partners would retain API access until May 1, after which operational control would transfer to a new management team

eXch announced a 50 BTC open-source fund to support privacy-preserving tools, including wallets, protocols, and clients across Bitcoin, Ethereum and Thorchain

THORChain, a cross-chain liquidity protocol, experienced internal debates about proposals to block funds linked to the Lazarus Group following the Bybit hack, and a core contributor resigned over the protocol’s refusal to implement such restrictions

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