{
  "id": 17207774,
  "title": "THORChain’s RUNE jumps 13% after Binance’s record $6.3B hack",
  "url": "https://urgent.news/2026/10/30/thorchains-rune-jumps-13-after-binances-record-6-3b-hack",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-10-30T09:52:29.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/markets/rune-token-surges-binance-hack"
  },
  "original_language": "en",
  "account": "After Binance announced a $6.3 billion hack, THORChain's RUNE token surged 13% on Friday. RUNE's value increased from $0.59 to $0.67 at the time of writing, according to TradingView data. Analysts ZachXBT discovered that funds stolen from Binance and the September Bitget hack had both passed through THORChain before being consolidated in the same Ethereum address. Both TRM Labs and Chainalysis have also attributed the Binance hack to a North Korea-linked group known as TraderTraitor. THORChain is a platform that enables users to swap assets across various blockchains. In the past, North Korean hackers have employed the protocol to launder money stolen in the $1.4 billion Bybit hack in February 2025 and the $388 million Bitget hack. When Bitget's exploit occurred, CEO Gracy Chen urged THORChain to block the attacker's addresses, emphasizing that decentralization should not serve as a shield for facilitating known stolen funds. However, THORChain declined, stating it lacks the means to block individual swaps. Instead, node operators can pause trading for an entire blockchain or across the network to address security concerns. Following the Bitget exploit, the Bitget CEO called for THORChain to take action, but the protocol refused, explaining that it has no mechanism to block specific swaps.",
  "summary": "North Korean hackers previously used THORChain to move funds stolen from Bybit and Bitget, prompting calls for the protocol to intervene.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 11,
    "also_reported_by": [
      {
        "outlet": "CoinDesk",
        "title": "Binance hack drained wallets backing customer assets, reserve data shows",
        "url": "https://urgent.news/2026/10/30/binance-hack-drained-wallets-backing-customer-assets-reserve-data",
        "published": "2026-10-30T00:17:10.000Z"
      },
      {
        "outlet": "Japan Times",
        "title": "Binance freezes more than $2.5 billion in assets amid suspected hack",
        "url": "https://urgent.news/2026/10/30/binance-freezes-more-than-2-5-billion-in-assets-amid-suspected-hack",
        "published": "2026-10-30T02:02:00.000Z"
      },
      {
        "outlet": "Hindustan Times - World News",
        "title": "Binance traces $6.3 billion hack to one engineer's compromised laptop",
        "url": "https://urgent.news/2026/10/30/binance-traces-6-3-billion-hack-to-one-engineers-compromised-laptop",
        "published": "2026-10-30T03:15:42.000Z"
      },
      {
        "outlet": "RTE News",
        "title": "Binance freezes $3 billion in assets after suspected hack",
        "url": "https://urgent.news/2026/10/30/binance-freezes-3-billion-in-assets-after-suspected-hack",
        "published": "2026-10-30T03:24:32.000Z"
      },
      {
        "outlet": "Ajel English",
        "title": "Binance hit by $6.3bn hack, freezes half of stolen funds",
        "url": "https://urgent.news/2026/10/30/binance-hit-by-6-3bn-hack-freezes-half-of-stolen-funds",
        "published": "2026-10-30T07:19:11.000Z"
      },
      {
        "outlet": "Guardian Business",
        "title": "‘Elite North Korean hackers’ blamed for $6.3bn Binance hack – business live",
        "url": "https://urgent.news/2026/10/30/elite-north-korean-hackers-blamed-for-6-3bn-binance-hack-business-live",
        "published": "2026-10-30T07:34:42.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "Binance's $6.3 billion hack: What we know and what comes next",
        "url": "https://urgent.news/2026/10/30/binances-6-3-billion-hack-what-we-know-and-what-comes-next",
        "published": "2026-10-30T08:04:50.000Z"
      },
      {
        "outlet": "Gulf News",
        "title": "Binance hack: Lazarus group suspected as $6.3b theft rattles traders",
        "url": "https://urgent.news/2026/10/30/binance-hack-lazarus-group-suspected-as-6-3b-theft-rattles-traders",
        "published": "2026-10-30T10:38:40.000Z"
      },
      {
        "outlet": "PC Gamer",
        "title": "Compromised laptop could be to blame for record $6.3 billion cryptocurrency heist: Binance rushes to freeze stolen assets as experts blame North Korean group",
        "url": "https://urgent.news/2026/10/30/compromised-laptop-could-be-to-blame-for-record-6-3-billion",
        "published": "2026-10-30T10:52:32.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "No way to tell if S’pore investors affected by Binance hack; withdrawals temporarily suspended",
        "url": "https://urgent.news/2026/10/30/no-way-to-tell-if-spore-investors-affected-by-binance-hack",
        "published": "2026-10-30T11:42:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}