Developing story — details emerging. Check the source link for the latest updates.
5 points, 0 comments on Hacker News
Hackers have targeted Binance, the world’s largest exchange.
An October 31 API reading shows partial recovery, with available USDC at about 7% of reported total assets. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
Cryptocurrency exchange Binance said Saturday that it was able to replenish 90 percent of the stolen assets after a $6. 3 billion hack of its platform. On Thursday, the money started moving out of Binance wallets, prompting the company to suspend all deposits and withdrawals.
After hackers stole a shocking $6. 3 billion from Binance customers in a record-breaking crypto heist, the company's CEO says that 90 percent of the funds have been replaced, and the company plans to cover the remaining 10 percent as well.