Binance Plugs 90% Of $6.3 Billion Hack Hole With Its Own Cash, Says Withdrawals Reopen Sunday
Summary
Binance Plugs 90% Of $6.3 Billion Hack Hole With Its Own Cash, Says Withdrawals Reopen Sunday Binance says it has replaced 90% of the roughly $6.3 billion stolen from its hot wallets on Thursday , and that withdrawals, suspended since the attack, remain on track to reopen Sunday. Binance says 90% of hack impact now covered "Binance will absorb the financial impact of these stolen funds, not our users," the exchange said in its third recovery update on Saturday, adding that all BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC balances are now "fully backed 100%." The remaining 10% sits…
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Binance Plugs 90% Of $6.3 Billion Hack Hole With Its Own Cash, Says Withdrawals Reopen Sunday
Binance Plugs 90% Of $6.3 Billion Hack Hole With Its Own Cash, Says Withdrawals Reopen Sunday Binance says it has replaced 90% of the roughly $6.3 billion stolen from its hot wallets on Thursday , and that withdrawals, suspended since the attack, remain on track to reopen...
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