THORChain’s RUNE jumps 13% after Binance’s record $6.3B hack
Summary
The price of THORChain's native token rose thirteen percent following a massive security breach on Binance. Previously, hackers linked to North Korea utilized the platform to transfer stolen cryptocurrency from other digital asset exchanges, leading to demands for protocol intervention.
North Korean hackers previously used THORChain to move funds stolen from Bybit and Bitget, prompting calls for the protocol to intervene.
Source: Read the full story at Cointelegraph.com News
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.