Binance CEO Stresses Binance’s Help in Recovering $6.1 Million Crypto After Major Hack
Binance boss Richard Teng has shared with the crypto community a post about the large contribution made by Binance in helping to retrieve the funds stolen by a hacker from the recently exploited price oracle mechanism at decentralized exchange KiloEx.
The platform was exploited two weeks ago, losing roughly $7.5 million worth of various cryptocurrencies. Binance has helped to block, trace and recover about 90% of those funds.