THORChain’s RUNE gains 13% after Binance confirms $6.3 billion hack
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RUNE rose more than 13% on Friday after Binance confirmed a $6.3 billion hack, trading near $0.67 from a $0.59 low at 12:20 UTC. ZachXBT said stolen Binance and September Bitget funds flowed through THORChain to one Ethereum address; TRM Labs and Chainalysis linked the Binance breach to North Korea-linked TraderTraitor, which had already used the protocol after the $1.4 billion Bybit and $388 million Bitget thefts, and THORChain again refused Bitget CEO Gracy Chen’s request to block individual swaps.
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