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Binance says it has covered 95% of stolen assets after breach

First reported Source: TechCrunchLast editorial activity Write a comment ↓
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The cryptocurrency exchange Binance says it has now covered 95% of the assets stolen in a breach, according to a report by TechCrunch.

What the exchange says it has done

Binance has said it has now covered 95% of the stolen assets, according to a report by TechCrunch. The figure is the exchange's own account and has not been independently verified in the material available to WORLDTECH.

About the company

Binance is a cryptocurrency exchange and finance company based in the United Arab Emirates. It was founded in 2017, and its products and services include cryptocurrencies.

Open questions

  • How much was stolen in total, and by whom?
  • Has the exchange confirmed that withdrawals have resumed for all customers?

Key facts

  • Binance says it has covered 95% of the stolen assets.

Sources & evidence

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