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THORChain's RUNE token jumps 10% as stolen Binance funds move through its protocol linked to North Korean hackers.

Market News
05 Nov 2026, 05:21 WIB
Tokenpost
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Neutral
THORChain's RUNE token jumps 10% as stolen Binance funds move through its protocol linked to North Korean hackers.

THORChain's native token RUNE surged nearly 10% after stolen funds from Binance's Oct. 29 hack were moved through its protocol. The FBI linked the theft to North Korean group TraderTraitor and urged crypto services to block related addresses. The stolen assets were converted across multiple cryptocurrencies using THORChain, complicating recovery efforts since Bitcoin and Ether cannot be frozen like stablecoins. Binance has frozen about $2.85 billion of the stolen funds and covered most losses with company funds, but the cross-chain swaps pose challenges for reversing the theft.

While RUNE surged nearly 10% following the Binance hack fund movements, Binance Coin (BNB) on Pluang shows a more moderate gain of 3.73% as of Nov 05, 2026 10:42 WIB. BNB trades at Rp13.000.000 with a market cap of Rp1.705,08 trillion, and the platform sees a slightly higher sell order activity at 56% compared to 44% buy. This contrast highlights differing investor responses to the security incident across related crypto assets.

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