Binance covers 90% of losses after $6.3bn cyberattack | News.az

Cryptocurrency exchange Binance said it had covered 90% of losses stemming from a cyberattack, allocating more than $6.34 billion in company funds to compensate affected users. The remaining 10% of losses involved tokens with lower liquidity, excluding those 10 assets, according to the company.

Binance said losses involving Bitcoin, Ethereum, Tether, BNB, Solana, USD Coin, XRP, USD1, RLUSD and Zcash had been fully covered.