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Binance replenishes 90% of assets stolen in record hack

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Binance replenishes 90% of assets stolen in record hack
Photo / Coverage: The Globe and Mail - World
EXECUTIVE SUMMARY

Crypto exchange says it has set aside around $6.34-billion of company funds to cover losses

Key Takeaways

  • Binance replenishes 90% of assets stolen in record hack.

Crypto exchange Binance said on Saturday it has been able to replace 90 per cent of the amount stolen after a record $6.3 billion hack of its platform by using company money to buy new tokens.

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Published originally on The Globe and Mail - World

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