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Binance Replenishes 90% of Assets After Record $6.3 Billion Hack Attributed to North Korea

Binance Replenishes 90% of Assets After Record $6.3 Billion Hack Attributed to North Korea

Photo: Pixabay (illustration)

Binance has replaced 90% of the $6.3B stolen in the largest crypto hack, with FBI confirming North Korean involvement. Withdrawals set to resume Sunday. Binance has replenished 90% of the cryptocurrency stolen in a record $6.3 billion hot-wallet hack that occurred on or about October 29, according to an update from the exchange reported by CoinDesk. The company said major tokens including bitcoin, ether, USDT, BNB, SOL and USDC are now fully backed, with the remaining 10% consisting of less liquid assets that it continues to acquire through markets and over-the-counter trades.

Source: Cryptopress

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