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THORChain processed $46M stolen in Binance hack, earning $200K in fees within 72 hours

Market News
10 Nov 2026, 00:29 WIB
Tokenpost
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THORChain processed $46M stolen in Binance hack, earning $200K in fees within 72 hours

THORChain moved over $46 million in stolen funds from the Binance hack within the first 72 hours, generating more than $200,000 in fees. This activity highlights how blockchain protocols earn fees through transaction volume, even involving illicit funds. Comparatively, during the 2025 Bybit theft, THORChain handled nearly $1 billion in stolen assets and earned at least $12 million in fees. The case underscores the challenges and financial dynamics of cross-chain protocols in handling stolen crypto assets.

The THORChain protocol's recent activity with stolen Binance hack funds is notable for generating over $200,000 in fees from more than $46 million moved within 72 hours. For readers following the broader cryptocurrency market, here is Pluang's snapshot as of Nov 10, 2026 04:47 WIB: out of 50 major cryptocurrencies, 31 rose and 18 fell today. Key movers include ATOM at Rp24.930 (+3.40%, 38% Sell / 62% Buy), SOL at Rp1.560.822 (-2.84%, 73% Sell / 27% Buy), and BCH at Rp4.310.745 (-2.80%, 10% Sell / 90% Buy).

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