14 Articles
14 Articles
Binance will publish on Monday a proof report of its reserves that will allow a public verification of its funds.
Binance Hack Tests Its Pledge to Cover Customer Losses | #hacking | #cybersecurity | #infosec | #comptia | #pentest | #hacker - National Cyber Security Consulting
Binance’s pledge to absorb an estimated $6.3 billion theft leaves the exchange responsible for replacing customers’ assets while investigators pursue a recovery whose timing and outcome remain uncertain. Following the hack, Binance said its emergency reserve, known as the Secure Asset Fund for Users (SAFU), and corporate funds would cover all losses, CoinDesk reported Friday […] Thank you for subscribing to our RSS feed!
The attack on the cryptocurrency platform is similar to the operations of TraderTraitor, a group linked to the North Korean government. Binance promises to cover the losses of its users.
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