Two days after analysts said North Korean hackers likely executed a brazen $6.3 billion crypto heist on the blockchain platform Binance, the company says it has replenished about $5.7 billion in the stolen assets.
In an update on Saturday morning, Binance said it tapped its corporate treasury to purchase billions of dollars in crypto from the market and private brokers.
“We’ve now replenished 90% of the stolen assets, and we’re committed to covering the remaining 10%,” Richard Teng, the company’s co-CEO, said on X. “Our users will not bear the financial impact of this incident.”
Binance already had an emergency fund of about $1 billion for situations like this, but the unprecedented scale of the attack…







