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THORChain RUNE Token Rises 13% Following Reported Binance Hack

(3 hours ago) · 1 source · Summarized by CryptoBipto

The RUNE token, native to the THORChain decentralized exchange protocol, reportedly rose 13% in price. The increase followed reports of a $6.3 billion hack affecting Binance, one of the largest centralized cryptocurrency exchanges.

WHY IT MATTERS

This story touches on a core tension in cryptocurrency: centralized versus decentralized services.

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SOURCES

  • cointelegraph.com

RELATED

RUNEBNBExchange SecurityDecentralized ExchangesTHORChainBinanceCentralization Risk