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EconomyBinance says it has covered 90% of losses from $6.3bn hack

Binance says it has replaced 90% of the $6.3bn in assets stolen on Thursday, with the remaining amount potentially taking longer to source. The company says it will bear the financial impact and remains on track to resume withdrawals on 1 November. Two blockchain analytics firms say North Korea-backed Lazarus Group is the likely culprit.

cryptocurrencyBinancecyberattackNorth Korea

BBBC News★★★☆☆2026-10-31 16:32Original

Binance says it has covered 90% of losses from $6.3bn hack
Binance says it has covered 90% of losses from $6.3bn hackEconomy