Skip to content
CoinDesk· Francisco Rodrigues·· 11h ago

Binance absorbs all losses from $6.3 billion breach, replaces 90% of stolen crypto

Original source: CoinDeskRead original
AI brief

Binance has absorbed all losses from a massive $6.3 billion security breach through corporate funds, futures reserves, and its SAFU fund, ensuring user balances remain intact. The exchange has replaced approximately 90% of the stolen cryptocurrency.

Source: CoinDesk · coindesk.com