North Korean hackers previously used THORChain to move funds stolen from Bybit and Bitget, prompting calls for the protocol to intervene.
THORChain’s RUNE token rose more than 13% on Friday after Binance confirmed a $6.3 billion hack.
RUNE climbed to $0.67 at the time of writing from a local low of $0.59 at 12:20 a.m. UTC, according to TradingView data.
Onchain investigator ZachXBT reported Friday that funds stolen from Binance and September’s Bitget hack had passed through THORChain before being combined at the same Ethereum address.
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