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Crypto firm Binance covers 90% of losses after $6.3bn hack
Binance has announced it will cover 90% of the losses from a historic $6.3 billion hack, the largest in cryptocurrency history. The company has pledged to protect all users' funds and has already frozen around $3 billion of the stolen asset...
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Binance has announced it will cover 90% of the losses from a historic $6.3 billion hack, the largest in cryptocurrency history. The company has pledged to protect all users' funds and has already frozen around $3 billion of the stolen assets. Law enforcement is also involved in tracing the remaining funds.
Full story and more reels: https://newsreel.video #news #breaking #cryptocurrency #Binance #hack #security #finance #blockchain
Originally reported by BBC News.
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