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SecuritySource: Blockonomi ·

Binance Reserves $6.34 Billion to Cover Hack Losses

Binance has reserved over $6.34 billion in company funds to cover losses from the security breach. The exchange already holds $5 billion in the same cryptocurrencies affected by the attack. Binance is purchasing the remaining token assets through market and OTC transactions.

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This headline and summary were published by Blockonomi. CryptoNewsroom did not write or verify this story and shows it only as a pointer to the original. See how we select sources. Nothing here is financial advice.

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