TECHINASIA · 2026-11-13 00:34 UTC

Binance replaces $6.3b in crypto assets stolen in hack

Binance said it replaced all US$6.3 billion in crypto assets stolen in the Oct. 29 hack using profits and its emergency fund SAFU. Most tokens were replaced within days, with the final 10% taking longer to source. The US government and analysts blamed North Korea; Elliptic reported over 20,000 wallets and 65,000 transactions in a week, and Chainalysis pointed to Chinese money-laundering networks.

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