Binance hackers stole $6.3 billion in record-breaking crypto heist
Binance disclosed that $6.3 billion in crypto funds were stolen, though it claims user funds remain safe and $3 billion has been frozen. The company has committed to covering all losses using an emergency reserve and company funds.
Key points
- $6.3 billion stolen in what is believed to be the largest crypto hack on record
- Binance has frozen approximately $3 billion of the impacted assets
- The company committed to covering losses using reserves and company funds
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. The Verge did the reporting; read the original for the full story.
Read the full story at The Verge
