Binance says it has replaced 90% of stolen crypto after massive $6.3 billion breach
Summary
Cryptocurrency exchange Binance announced that it has successfully recovered ninety percent of the funds stolen during a major security breach. The company is using its own corporate reserves and safety funds to cover the remaining losses, ensuring that all customer balances remain fully protected and untouched.
Binance is absorbing all losses through corporate funds, futures reserves, and SAFU, keeping user balances intact.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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