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Binance says it has replaced 90% of $6.3 billion stolen in record crypto hack

Binance says it has replaced 90% of $6.3 billion stolen in record crypto hack

Investing.com — Binance said it has covered around 90% of the cryptocurrency stolen in a record $6.3 billion hack, as the exchange moves to compensate affected customers and resume withdrawals by Sunday.

The world’s largest cryptocurrency exchange reiterated on Saturday that it would absorb the entire financial impact of the theft, pledging that users would not suffer losses.

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News of the breach triggered broad selling across cryptocurrency markets on Friday, with Bitcoin hitting a six-week low of $76,469.82 and trading around 3% lower. Ether also…

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