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Crypto & Bitcoin

Binance Confirms It Has Replenished 90% of the Losses From the $6.3B Hack

Reported by Boluwatife Adeyemi, Coin Gape News

Image: Coin Gape News

HIGHLIGHTS Binance has covered 90% of the losses from the $6.3 billion hack. Top assets such as BTC, ETH, XRP, BNB, and ZEC are fully backed. The exchange plans to cover all the losses and will keep buying the remaining tokens over the counter. Top crypto exchange Binance has provided an update on the hack, saying it has now covered 90% of the losses from the incident. The exchange plans to cover all losses and will keep buying the remaining tokens over the counter (OTC) to completely fill the hole left by the hack.

This is an excerpt. The reporting belongs to Coin Gape News.

Read the full report on coingape.com
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