Binance says customers will be fully reimbursed after hackers stole $6.3 billion in digital assets from the world’s largest crypto exchange, a theft the FBI attributed to North Korea on Saturday. The company said it had set aside enough of the stolen currency to cover 90% of the missing assets, according to the Associated Press.
Most of the theft took place in about 20 minutes, starting Thursday evening, Oct. 29, according to IDNFinancials, which cited Reuters. Crypto experts call it the largest hack in history.
What it means for Binance customers
Binance and its co-CEO, Richard Teng, have said customer money is safe and that the company will cover all losses. The exchange temporarily suspended withdrawals. On Friday,…







