Binance Confirms It Has Replenished 90% of the Losses From the $6.3B Hack
Top crypto exchange Binance has provided an update on the hack, saying it has now covered 90% of the losses from the incident. The exchange plans to cover all losses and will keep buying the remaining tokens over the counter (OTC) to completely fill the hole left by the hack.
Boluwatife AdeyemiCoinGape · October 31, 2026 · 1d ago
Loss events reprice related tokens and counterparties first. Confirm what was taken, what was recovered, and whether a chain or a custodian is in scope.
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