Economy
Binance says it has covered 90% of losses after multi-billion dollar hack
The exchange is using its own resources and emergency funds to replace the stolen amount, estimated between $6 billion and $6.3 billion, to protect its clients from financial loss.
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The essentials of this story
- What happened
- Binance is replacing assets lost in a hack to prevent losses for its users.
- Who is affected
- Clients of the Binance cryptocurrency exchange who had assets stolen in the attack.
- What changes
- The company is using reserve funds and its own capital to replace 90% of the stolen value, with plans to complete the full amount.
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Sources
- Binance diz ter coberto 90% das perdas após ataque hacker de mais de US$ 6 bilhões — g1 — últimas notícias
- Binance diz que 90% dos ativos foram repostos após ataque hacker roubar US$ 6,3 bilhões — Folha de S.Paulo — em cima da hora
- Binance diz que cobriu 90% das perdas após ataque hacker de US$ 6 bilhões — UOL — economia