Binance says 90% of $6.3 billion hack losses are now covered, plans to resume withdrawals Sunday

Source: press CNBC•

Binance says 90% of $6.3 billion hack losses are now covered, plans to resume withdrawals Sunday

Binance said Saturday that it has covered up to 90% of the roughly $6.3 billion in token assets stolen from its hot wallets in a record crypto theft announced Thursday. Binance said it will continue to buy the remaining relevant token assets through market and over-the-counter channels until the…

Binance said Saturday that it has covered up to 90% of the roughly $6.3 billion in token assets stolen from its hot wallets in a record crypto theft announced Thursday.

Binance said it will continue to buy the remaining relevant token assets through market and over-the-counter channels until the covered amount reaches 100% for all tokens.

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