CoinDesk· Omkar Godbole·· 5d ago
Binance Sets Aside $6.3 B to Cover Hack Losses
Original source: CoinDeskRead original
AI brief
Binance announced it will use its own reserves to cover the $6.3 B loss from a record‑size cryptocurrency hack, and it has frozen roughly $3 B of the stolen assets. The move reflects the exchange’s effort to protect its users and maintain market confidence after the largest crypto theft to date.
The eventHistorical
View the eventLatest: Binance Seizes $3 bn of $6.3 bn Stolen in North Korea‑Linked Hack · 5d ago
3 reports · 2 sourcesSee the event →
Source: CoinDesk · coindesk.com
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