Binance says it has covered 95% of crypto assets taken in record $6.3B hack

Commentary: Binance says everything is okay. It really isn’t

The Binance hack might be a moment for the crypto industry to take proper stock if it truly wants legitimacy, says Bloomberg Opinion's Lionel Laurent.

Binance says it has covered 95% of crypto assets taken in record $6.3B hack

Cryptocurrency exchanges have been a frequent target of hacks by North Koreans and have not always been able to repay users afterward.

Binance Global Hack Triggers Temporary Restrictions on Binance TH as Thai Regulators Monitor Customer Assets

The Pattaya News =-=-=-=-=-=-=-= – Binance reported a cybersecurity incident on its global platform in which roughly US$6.3 billion in crypto was taken from hot wallets. The FBI has attributed the attack to a North Korean state-sponsored group. About US$3 billion has been traced or frozen so far; Binance says it will cover remaining losses from company funds and […] Binance Global Hack Triggers Temporary Restrictions on Binance TH as Thai Regula…

Binance Says It Will Cover Hack Losses Without Selling Bitcoin

CZ said 95% of the reported $6.3 billion in losses had been covered and funds were allocated for the full amount.