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SecuritySource: Crypto Economy ·

Binance Says It Has Covered $6.3B in Hack Losses as New Proof of Reserves Awaits

Binance has announced the full coverage of the assets affected by the security incident recorded on October 29, which amounted to $6.3 billion. The replenishment of funds was executed using corporate resources, futures insurance funds, and the Secure Asset Fund for Users (SAFU).

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