
THORChain’s RUNE jumps 10% as North Korean hackers resume laundering Binance loot
Summary
The value of THORChain’s native token RUNE increased by ten percent recently. This price movement coincided with North Korean hackers using the platform to launder stolen funds from a Binance security breach.
North Korea’s TraderTraitor is routing Binance hack proceeds through THORChain, swapping ether for bitcoin after an earlier wave of conversions from Tron.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.