Security

Binance Hack: 90% of $6.3 Billion Losses Covered

Binance says it has restored backing for 90% of the $6.3 billion stolen in a record theft and aims to reopen withdrawals Sunday. The cause is still unclear.

Kenji Tanaka7 min

Security

Binance hack: $6.3 billion theft sets a crypto record

Binance says $6.3 billion in client assets was hit, about half frozen. Analysts point to North Korea, and regulators and rivals are reacting fast.

Maya Krishnan6 min