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Binance Plugs 90% Of $6.3 Billion Hack Hole With Its Own Cash, Says Withdrawals Reopen Sunday

Binance Plugs 90% Of $6.3 Billion Hack Hole With Its Own Cash, Says Withdrawals Reopen Sunday
Image: Gulf Insider (Bahrain)
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Binance says it has replaced 90% of the roughly $6.3 billion stolen from its hot wallets on Thursday, and that withdrawals, suspended since the attack, remain on track to reopen Sunday. “Binance will absorb the financial impact of these stolen funds, not our users,” the exchange said in its third recovery update on Saturday, adding that all BTC, ETH, USDT…

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