AI summary
Binance has covered 90% of a record $6.3 billion North Korean hack, with withdrawals resuming as the FBI confirms state-sponsored involvement.
AI-generated summary. Check the original reporting for context and accuracy.
Binance says 90% of losses from $6.3bn hack covered as FBI says North Korea behind attack
Source excerpt
This is the available feed excerpt, which may be shortened or in the publisher’s original language.
Cryptocurrency exchange says withdrawals expected to resume on Sunday as FBI blames North Korean state-sponsored group TraderTraitorCryptocurrency exchange Binance says it has replaced 90% of the amount stolen after a record $6.3bn hack of its platform by a group the FBI identified as being backed by North Korea.The remaining 10% of tokens are less liquid, meaning they may take longer to buy, the company said in a post on X on Saturday. Co-CEO Richard Teng said separately that the company was “committed to covering the remaining 10%” and that “users will not bear the financial impact of this incident”. Continue reading...
About priority
An automated sorting aid based on source trust, keywords, and entities, on a scale of 1–12. High: 9–12; medium: 6–8; low: 1–5. It does not measure urgency, verify reporting, or indicate editorial endorsement.