Market data showed THORChain’s native token RUNE rose more than 20% over the past 24 hours, reaching a high of 0.824 USDT before trading at 0.801 USDT at the time of the update. The move came as discussion continued around part of the funds stolen from Bitget allegedly being moved through THORChain. In a post on X, THORChain said it had noticed the recent Bitget theft and was deeply troubled by the incident, adding that the case was a challenge for everyone in the industry. The protocol also argued that THORChain, like Bitcoin, Ethereum and BNB Chain, is decentralized and permissionless, and questioned what responsibility those networks should bear when handling known stolen funds. THORChain later called out OKX CEO Star and Bitget CEO Gracy in the same discussion.
Market data showed THORChain’s token RUNE gained more than 20% over the past 24 hours, touching 0.824 USDT at its peak and last trading at 0.801 USDT.
RUNE posts a sharp 24-hour gain
According to the market update, RUNE climbed more than 20% in the past 24 hours. The token reached as high as 0.824 USDT and was quoted at 0.801 USDT at the time of reporting.
THORChain responds to discussion over Bitget stolen funds
Earlier, discussion emerged over part of the funds stolen from Bitget being moved through THORChain. In a post on X, THORChain said: “We have noticed the recent Bitget theft and are deeply saddened by it. One can imagine this is a difficult moment for everyone in the industry. (But) THORChain, like Bitcoin, Ethereum, and BNB Chain, is decentralized and permissionless. When it comes to handling known stolen funds, what responsibility should Bitcoin, Ethereum, and BNB Chain bear?”
THORChain later called on OKX CEO Star and Bitget CEO Gracy.
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