Saturday, 31 October 2026
Start a Campaign
Join the Perksy community Join Now
Login Sign Up
HOT
Welcome to Perksy. | Fresh stories, campaign moments, and community participation across the Perksy platform.
Politics

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

Share this storySend it to your people
Link copied
Binance says has covered 90% of $6.3 billion hack losses

Cryptocurrency platform Binance said Saturday it has used company money to buy tokens to replenish 90 percent of $6.3 billion stolen in a huge hacking attack.
“Our commitment remains the same: Binance will fully cover the financial impact of the funds stolen in this incident,” the company said on X.
Binance, the world’s largest crypto exchange by daily trading volumes, said the remaining 10 percent of tokens are “less liquid, which means they may take longer to source in the required amounts.”
The company said it has set aside more than $6.34 billion in company funds to cover losses in the hack.
Binance said Friday it was working to resolve what it called a “complex attack” with s...

Source: Vanguard News

Open Original Source
Login to continue into the member area for this article.
What's your reaction?
Discussion
Join the Conversation
Login to Comment

No comments yet. Be the first to share your thoughts!