Developing2 outlets · over 17 hours
Binance Restores 95% of Hacked Crypto
Binance replenished 95% of the $6.3 billion stolen in a record hack on Thursday evening. Co-CEO Richard Teng attributes the recovery to the SAFU emergency insurance fund. Net outflows fell to approximately $4.72 billion by Monday as the exchange plans to restore withdrawals on Tuesday.
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