Binance says has covered 90% of US$6.3 billion hack losses
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Binance has used its own company funds to cover 90% of losses from a hack. The total amount stolen in the incident was US$6.3 billion. The company stated that user withdrawals are expected to resume on Sunday.
Binance uses company funds to replace 90% of the US$6.3 billion stolen in a hack and says user withdrawals stay on track to resume Sunday.