Binance Lost Over $6 Billion in Crypto Hack. Here’s What to Know.

nytimes.com · tech
Full story

Hackers stole approximately $6 billion in cryptocurrency, marking one of the largest digital‑currency thefts recorded. The breach targeted Binance, a major cryptocurrency exchange. Binance announced that it will compensate users for the missing funds. The exchange said the loss will be covered from its own reserves. Authorities are investigating the incident.

Hackers made off with around $6 billion in digital currency in what could be the biggest crypto heist in history. Binance said it will cover the losses.

Read full article → Compare