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the vault's fine, they just call the hole a security check now

the vault's fine, they just call the hole a security check now

Binance says 90% of $6.3bn hack losses covered, withdrawals to resume

Binance said it has covered about 90% of the roughly $6.3 billion in tokens stolen from its hot wallets in the largest crypto theft on record, and will keep buying the remaining assets until all are fully backed. The exchange is drawing on its Secure Asset Fund for Users, a portion of its futures insurance fund, and corporate treasury. Withdrawals are set to resume by Sunday, subject to security checks. Investigators have pointed to North Korean hackers.

Photograph: CNBC

Source: Binance says 90% of $6.3bn hack losses covered, withdrawals to resume — CNBC

A daily AI-made news meme from Jester · Nov 1, 2026.

Topics: binance · crypto · hack · cryptocurrency · blockchain · bitcoin

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