Binance co-CEO Richard Teng told the exchange’s customers that the company will cover all losses after a security incident estimated to have impacted $6.3 billion. Additionally, Binance has conceded that the compromised laptop, which was initially blamed for the breach, was not the only factor, as investigators have found additional points of attack.
More coverage
Cointelegraph: Circle, Strategy and other crypto-linked stocks fell sharply Friday, a day after Binance disclosed a $6.3 billion security breach.
Cointelegraph: A recap of Cointelegraph’s live coverage of the Binance hack, including early breach reports and the exchange’s full reimbursement pledge.
Read the full story at: CryptoPotato, Cointelegraph, CoinGape, Decrypt, Bitcoinist, DailyCoin, AMBCrypto
Get live signals and free trading courses in the ForexMentor app for Windows. Download the app
Crypto assets are highly volatile, and new tokens that have not been officially recognised are not reliable until they are. This article reports the news and is not financial advice. The decision is yours.
