Binance says it has replaced 90% of $6.3 billion stolen in record crypto hack
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Binance said it has covered around 90% of the cryptocurrency stolen in a record $6.3 billion hack, as the exchange moves to compensate affected customers and resume withdrawals by Sunday. The world's largest cryptocurrency exchange reiterated on Saturday that it…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA record hack triggered broad selling across crypto markets, with Bitcoin and Ether lower.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Binance says it has covered around 90% of the cryptocurrency stolen in a $6.3 billion hack.
- 02The exchange pledged to absorb the entire financial impact and resume withdrawals by Sunday.
- 03Bitcoin hit a six-week low of $76,469.82 and traded about 3% lower, while Ether fell more than 3%.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets