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Binance says it has covered $6bn of $6.3bn stolen in hack; FBI says North Korean group behind crypto theft

⟶ The world's biggest cryptocurrency exchange, Binance, has stated it has covered $6 billion of the $6.3 billion that was stolen from its platform. Binance used company funds to purchase replacement tokens to reimburse users following the hack.

Binance, the worlds biggest cryptocurrency exchange, said it has covered $6 billion of the $6.3bn stolen from its platform by using company money to buy replacement tokens, after a hack that US officials said was carried out by a North Korean state-sponsored …

Why it matters

Users of the Binance platform who had their cryptocurrency stolen are affected by this incident.

#cryptocurrency#hack#Binance#theft#North Korea

Source: Dawn

This content was prepared with AI assistance and summarised from the source report.