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🇱🇰 Sri Lankatech/The Island•2 min read

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

Original Reporting by The Island
Sunday, 1 November 2026 at 01:51
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Crypto firm Binance covers 90% of losses after $6.3bn hack
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The Scoop & Verified Narrative

Binance, the world's largest cryptocurrency exchange, says it has covered 90% of the $6.3bn (£4.7bn) assets stolen in a hack on Thursday. The remaining 10% may take longer to source in the required amounts, the company added. Binance has co.

Key Facts & Findings

  • —Binance, the world's largest cryptocurrency exchange, says it has covered 90% of the $6.3bn (£4.7bn) assets stolen in a hack on Thursday.
  • —The remaining 10% may take longer to source in the required amounts, the company added.
  • —Binance has consistently pledged to cover 100% of the losses from what is suspected to be crypto's biggest [].
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Relevant to digital infrastructure modernization, enterprise connectivity, and information security.

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

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