“Binance Restores 90% of $6.3 Billion Stolen Crypto After Massive Breach” — what this page in the network covers. Binance has recovered 90% of the crypto assets stolen in a massive $6.3 billion breach, the exchange announced. The theft, one of the largest in cryptocurrency history, prompted an immediate response from the company, which moved to absorb all losses through corporate funds, futures reserves, and it The theft, one of the largest in cryptocurrency history, prompted an immediate response from the company, which moved to absorb all losses through corporate funds, futures reserves, and its Secure Asset Fund for Users (SAFU).
User balances remain intact, according to Binance, and no customer funds were lost. The exchange has not disclosed the exact method of the attack or identified the perpetrators, but says it is working with law enforcement and blockchain analytics firms to trace the stolen assets. This listing links straight to the original page, where the content is available in full.