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Binance Says It Will Cover 90% of Losses After Reported $6.3B Hack

Binance Says It Will Cover 90% of Losses After Reported $6.3B Hack

Crypto exchange Binance said it will cover 90% of losses following a reported $6.3 billion hack. Two analytics firms indicated that a North Korean state-backed group is a likely culprit, though the attribution has not been independently verified.

Original headline

Crypto firm Binance covers 90% of losses after $6.3bn hack