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Crypto Exchange Binance Confirms $6.34B Hack Losses Fully Covered, Publishes New Reserves

TLDR: Binance says it has fully covered assets affected by the $6.34 billion hack using its own financial resources. Binance’s November 4 update said 98% of affected tokens had been replenished, with purchases still in progress. The new Binance Proof of Reserves snapshot covers 44 cryptocurrencies, up from ten in the previous assessment. Binance says [...]

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Source: Blockonomi →