Binance Confirms $6.3 Billion Hack, Plans to Cover Losses

T1Covered by 1 source · first reported by The Information (teasers) at 30 Oct, 12:48 UTC

Binance, the world’s largest crypto exchange, said it was hit by a complex attack that affected an estimated $6.3 billion fund, the largest crypto hack ever in history. The company said it will cover all losses and has reserved over $6.3 billion of company funds to cover this incident. It ...