RUNE Climbs 13% as Binance Hack Funds Flow Through Thorchain

WHO:

Bitcoinist - THORChain’s native RUNE token was involved in the reported price rise.

Bitcoinist - Binance confirmed a security breach.

Bitcoinist - On-chain investigators reported that funds connected to the Binance and Bitget hacks passed through THORChain.

Cointelegraph - North Korean hackers previously used THORChain to move funds stolen from Bybit and Bitget.

WHAT:

Bitcoinist - RUNE climbed more than 13% to $0.67.

Bitcoinist - Binance confirmed a $6.3 billion security breach.

Cointelegraph - RUNE jumped 13% after what the headline describes as Binance’s record $6.3 billion hack.

Cointelegraph - The article reported calls for THORChain to intervene.

WHY:

Bitcoinist - The RUNE price increase came as investigators reported funds linked to the Binance and Bitget hacks had passed through THORChain, renewing attention to the protocol’s role in cross-chain cryptocurrency transactions.

Cointelegraph - The article linked RUNE’s 13% jump to the Binance hack.

HOW:

Bitcoinist - Funds connected to the Binance and Bitget hacks reportedly passed through THORChain, a protocol used for cross-chain cryptocurrency transactions.

Cointelegraph - North Korean hackers used THORChain to move funds stolen from Bybit and Bitget.

(UPDATED October 30, 2026 16:04 UTC)

RUNE climbed more than thirteen percent as Binance confirmed a reported security breach. Investigators said funds linked to Binance and Bitget hacks passed through THORChain. The cross-chain protocol faced renewed scrutiny over its role moving stolen cryptocurrency.