CoinDesk reports that THORChain's RUNE token increased by 10% as North Korean hackers, identified as TraderTraitor, resumed laundering funds from a Binance hack. The hackers are converting ether to bitcoin through THORChain, following previous conversions from Tron. This activity raises concerns about the ongoing use of decentralized platforms for illicit financial activities.
Based on the CoinDesk report; not independently verified.
Source published: Wed, 04 Nov 2026 12:49:56 +0000
[Read the original report](https://www.coindesk.com/markets/2026/11/04/thorchain-s-rune-jumps-10-as-north-korean-hackers-resume-laundering-binance-loot)
CNM Watchlist + audio
Introductory US$5/month. Follow up to 20 tokens and companies, see relevant developments and in-app risk alerts, and listen to on-demand summaries.
- What changed / why it matters / watch next
- Story summaries, all news desks and custom audio briefings
- Shared cached audio; new generation subject to service limits
Watchlist does not unlock additional premium article sections. Free account creation does not start a paid subscription. No automatic trial.