Stolen Binance Funds Drive DeFi Protocol Revenue Gains: Investigator

On Nov. 2, blockchain investigator dethective reported that five decentralized finance services collectively generated $101,144 in daily protocol revenue from wallets linked to North Korean hackers moving crypto stolen from Binance on Oct. 30. SunSwap generated $29,697, THORChain $28,184, Relay more than $23,000, Symbiosis just over half Relay’s amount, and Chainflip $7,433; THORChain and Relay’s daily revenue rose 2,229% and 1,954% from typical October levels. The analysis used Elliptic and FBI hack lists and Tron transfers from Oct. 29 to Nov. 1. A separate SomaXBT investigation traced $242 million through Tron, part of $628 million stolen there, with THORChain the largest exit route at more than $48 million.