Victims of the biggest reported crypto theft in history can finally breathe a sigh of relief.
Binance announced Thursday that it has finished replacing all the cryptocurrency stolen in last month’s massive hack.
The world’s largest crypto exchange said it committed more than $6.34 billion in company funds to cover the losses from the October 29 attack. Over the past two weeks, Binance has been buying replacement tokens through regular markets and over-the-counter transactions.
Binance derived the money for the reimbursements from a mix of the exchanges’s Secure Asset Fund for Users (SAFU), futures insurance fund, and corporate treasury.
Binance also said it plans to replenish SAFU to roughly $1 billion in…






