Bitcoin Magazine Binance Says It Has Fully Covered the $6.34 Billion Hack With Company Funds
Binance said Thursday it has completed coverage of the $6.34 billion Oct. 29 hack from company funds, two weeks after the largest crypto theft on record, even as withdrawals continue to reopen in phases.
In a Thursday announcement, the exchange wrote that it “has completed coverage of assets impacted in the security incident” and published a new proof-of-reserves snapshot. It repeated the same message on X.
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