World News

Binance stated that it has compensated clients for all $6.3 billion stolen by hackers

Crypto exchange Binance has compensated clients for all assets worth $6.3 billion stolen during the hack. Platform representatives announced this on the social network X

Photo: Cheng Xin/Getty Images

The crypto exchange thanked users and the community for their “patience and understanding”.

The largest hack in the history of crypto exchanges occurred on the night of October 30. Hackers managed to steal $6.3 billion in assets.

It is worth noting that the company compensated for the majority of the assets (90%) back on October 31 using its own funds—just one day after the hack. These included assets in Bitcoin, Ether, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC. The remainder consisted of less liquid tokens. 

According to Bloomberg, the compensations were funded from three sources: Binance corporate funds, the futures division insurance fund, and part of the Secure Asset Fund for Users (SAFU)

In addition, the crypto exchange promised to replenish SAFU to approximately $1 billion to maintain it as a separate reserve for user protection.

Comments

Now reading

Within the framework of a "new security architecture," Moscow proposes withdrawing nuclear weapons and "Oreshnik" from Belarus — information on Abu Dhabi talks 25

Within the framework of a "new security architecture," Moscow proposes withdrawing nuclear weapons and "Oreshnik" from Belarus — information on Abu Dhabi talks

All news →
All news

10 quietest cities in the world named. All of them are in Europe 3

Residential Building Collapsed in Brooklyn, New York. At Least 8 Victims

Scammers scared Belarusian girl with military drones

Jensen Huang Stepped Down as Nvidia CEO 1

Putin proposed a new humanitarian operation modeled after Oleshky 7

In the USA, father buried a child in a dog carrier. But it survived after spending a day underground 3

Mother who lost two daughters in a road accident near Orsha sentenced to three years in prison. People ask to intercede for her 2

Putin: Foreign troops in Ukraine will be legitimate targets for Russian servicemen 8

Who is the police looking for? 39% are political and alimony evaders. The rest are all other articles PHOTO FACT

больш чытаных навін
больш лайканых навін

Within the framework of a "new security architecture," Moscow proposes withdrawing nuclear weapons and "Oreshnik" from Belarus — information on Abu Dhabi talks 25

Within the framework of a "new security architecture," Moscow proposes withdrawing nuclear weapons and "Oreshnik" from Belarus — information on Abu Dhabi talks

Main
All news →

Заўвага:

 

 

 

 

Закрыць Паведаміць