CryptoCointelegraphabout 2 hours ago
Binance Holds $5B Tokens to Cover Hack
1 min read
Binance confirmed Friday it holds $5 billion in matching stolen tokens to cover losses from the largest cryptocurrency theft on record. The exchange set aside more than $6.34 billion in company funds, with about $3 billion in affected assets frozen by blockchain partners. This covers the $6.3 billion hack attributed to North Korean group TraderTraitor.
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