CNA · 2026-10-31 21:02 UTC

Binance says has covered 90% of US$6.3 billion hack losses

Binance says it has used company funds to replenish 90% of the US$6.3 billion stolen in a major hack, with the remaining 10% of less liquid tokens taking longer to source. The company has set aside over US$6.34 billion in company funds to cover losses and plans to resume user withdrawals on Sunday. Investigators linked the attack to North Korean hackers; prices of major cryptocurrencies fell following the cyberattack.

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