Binance says it has covered 100% of losses from North Korea-linked hack
Binance published a proof-of-reserves snapshot saying it covered all assets stolen in a roughly $6.3-6.4B hack attributed to North Korea.
What we know
The Block reports Binance said it covered 100% of stolen assets in the hack allegedly carried out by North Korea. Traders were skeptical of the timing.
Sources
@TheBlockCo
“Binance said it has covered 100% of the assets stolen”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.