Markets · Minds Feed

Binance says 90% of $6.3 billion hack losses are now covered, plans to resume withdrawals Sunday

Binance says it has restored backing for 90% of assets affected by its $6.3 billion hack and is planning to resume withdrawals, subject to security checks.

Reporting and discussion

  1. CNBC: Binance says 90% of $6.3 billion hack losses are now covered, plans to resume withdrawals Sunday
  2. NPR: A simple explainer of the massive $6.3 billion crypto heist at Binance
  3. Bluesky: @npr.org: Here are five things to know about the massive hack of the crypto exchange Binance — from how it happened to what it means for the sector. n.pr/4edKRaq