COINTELEGRAPH · 2026-10-30 09:52 UTC

THORChain's RUNE jumps 13% after Binance's record $6.3B hack

RUNE token rose 13% to $0.67 after Binance confirmed a $6.3 billion hack; onchain investigator ZachXBT reported stolen funds from Binance and Bitget passed through THORChain before being combined at the same Ethereum address. THORChain rejected calls to block attacker addresses, stating it has no mechanism to block individual swaps; the protocol has been used by North Korean hackers to launder funds from multiple major hacks including Bybit ($1.4B) and Bitget ($388M). The situation has divided THORChain contributors, with core developer Pluto departing after an Ether trading halt was…

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