DeFi▲ Bullish● Important

RUNE rises 13% as calls grow for THORChain to act after major hacks

TradingGain Newsroom·1h ago·30 Oct 2026, 09:52 UTC

RUNE, the token of THORChain, jumped 13% after a reported record $6.3 billion hack at Binance. North Korean hackers had previously used THORChain to move funds stolen from Bybit and Bitget, and people are now calling on the protocol to step in. For traders, the sharp price move and the pressure on THORChain could bring further volatility.

Why it matters

RUNE gained 13%, a sharp move for the token following the reported Binance hack.
North Korean hackers previously used THORChain to move funds stolen from Bybit and Bitget.
Calls for THORChain to intervene could shape how the protocol responds and how RUNE trades.

What to watch next

Watch whether THORChain announces any action in response to calls for it to intervene, since that decision could move RUNE's price.

This brief is written by TradingGain from public reporting by Cointelegraph.Read original ↗

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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.