CryptoCNBC Techabout 2 hours ago
Binance Hack Replenishes 98 Percent of Funds
3 min read
A $6.3 billion breach at Binance on Thursday forced the exchange to rely on industry support. CEO Richard Teng stated the company replenished 98 percent of the $6.34 billion in affected assets by Tuesday. Partners like Tether and Circle froze roughly $3 billion in stolen funds to limit losses, preventing a broader market crisis.
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