THORChain’s RUNE jumps 13% after Binance’s record $6.3B hack

THORChain’s RUNE experienced a 13% price increase following a record $6.3B hack of Binance. This event occurred despite previous reports that North Korean hackers utilized THORChain to transfer funds stolen from Bitget and Bybit, leading to requests for protocol intervention. Simultaneously, the impact of the massive Binance security breach has caused a decline in crypto stocks. The market continues to react to the fallout of the largest hack in the history of the industry.