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RUNE Rises Nearly 10% as Binance Hack Funds Move Through THORChain

RUNE Rises Nearly 10% as Binance Hack Funds Move Through THORChain

Photo: TokenPost

RUNE, THORChain’s native token, rose nearly 10% over 24 hours as funds from Binance’s Oct. 29 theft moved through the protocol in activity the FBI tied to North Korean group TraderTraitor. The FBI attributed the attack to TraderTraitor on Nov. 1 and urged THORChain node operators and other crypto services to block associated addresses and funds. The attackers split stolen Solana (SOL) across wallets, swapped it for USD Coin (USDC), moved the stablecoin to Ethereum and bought Ether (ETH). They then used THORChain to exchange ETH for Bitcoin (BTC). Some funds had earlier moved from TRON to THORChain. By Nov.

Source: TokenPost

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