- Unstoppable Wallet integrates THORChain DEX this week, enabling cross-chain swaps directly in-app with user-controlled keys and no intermediaries.
- THORChain gained notoriety after Lazarus Group used it to move $1B in stolen Bybit ETH, sparking industry controversy over censorship resistance.
Unstoppable, a self-custody wallet for Bitcoin and other cryptocurrencies, will integrate the THORChain decentralized exchange (DEX). The integration is scheduled to happen this week. THORChain facilitates direct trading between different blockchains with minimal trust in third parties.
This DEX gained attention earlier this year. As reported, the Lazarus Group used THORChain to move funds stolen from the Bybit exchange in February 2025. Bybit estimated the loss at about 400,000 ETH, worth roughly $1 billion at that time. Bybit’s CEO stated over 300,000 ETH of the stolen funds were swapped using THORChain.
The Unstoppable team announced the integration. They stated:
“Why THORChain? Because it’s the only cross-chain censorship-resistant DEX that actually worked, even during the Bybit hack. No KYC. No accounts. No middlemen. Just pure swaps between BTC and ETH and beyond, never touching a centralized exchange.”
They emphasized user control: “Your keys. Your privacy. Your rules. Welcome to true DeFi.” This integration will let users perform cross-chain trades directly within the Unstoppable wallet interface using their stored funds.
Unstoppable Wallet is open-source and uses WalletConnect. It includes features designed to prevent phishing and protect funds against external coercion.
The Bybit incident caused controversy within THORChain
Following the hack, some THORChain validators attempted to block transactions linked to Lazarus. However, a vote to implement this blocking measure was overturned. This reversal created divided opinions across the cryptocurrency industry.
A key THORChain developer, known as “Pluto,” resigned over the protocol’s perceived lack of action to stop the flow of illicit funds. This event highlighted that while the technical capability for coordinated action might exist, the community did not reach agreement to use it.
THORChain’s technical documents confirm its operators possess tools to respond. Node operators can collectively halt trading within THORChain if they detect malicious activity. A single node can pause trading for up to one hour. Additional nodes requesting a pause extend this timer.
Any node requesting a resume reduces the timer. These pause functions can only be triggered once per active node per churn cycle (three days). This system aims to allow a network response to threats without giving unilateral control to any single node.
Triggering this node halt process also stops the associated THORChain liquidity vault. This occurs when malicious activity is detected. THORSec, a designated commission, reviews and monitors network threats. Therefore, THORChain has the technical capacity to counter threats. This includes stopping fund provision to illicit actors by halting its Yggdrasil liquidity vault.