Binance Says It Has Fully Covered the $6.34 Billion Hack With Company Funds

Article Micah Zimmerman

Bitcoin Magazine

Binance Says It Has Fully Covered the $6.34 Billion Hack With Company Funds

The exchange says users are whole after the Oct. 29 theft, paid for from SAFU, its futures insurance fund and treasury, and has published a 198-token proof-of-reserves snapshot that users cannot yet independently verify.

This post Binance Says It Has Fully Covered the $6.34 Billion Hack With Company Funds first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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