Binance says it has replaced 90% of stolen crypto after massive $6.3 billion breach

Binance is absorbing all losses through corporate funds, futures reserves, and SAFU, keeping user balances intact.
Key Takeaways
- Binance is absorbing all losses through corporate funds, futures reserves, and SAFU, keeping user balances intact.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation

AI/Tech Selloff Drives Massive Crypto Tailwind, Experts Say
Despite the recent hack that affected Binance, causing over $6 billion in losses to the company, industry leaders still believe that the cryptocurrency market might benefit from a downturn in the U.S. tech/AI equity sector, with investors pivoting liquidity…

FBI blames North Korea for record $6.3B Binance hack
US agency seeks private-sector help to block further money-laundering of stolen digital assets.

Anchorpoint Taps Solana to Launch HKDAP Regulated Stablecoin
The Standard Chartered-led consortium entered a strategic collaboration with the Solana Foundation, aiming to bring its HKDAP stablecoin to the Solana ecosystem and enable native minting and redemptions on the Solana blockchain, targeting retail, local, and…