Binance says it has replaced 90% of crypto stolen in $6.3 billion breach

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Binance reports that it has restored about 90% of the cryptocurrency taken in a large security breach valued at $6.3 billion. The exchange says it is covering all losses itself using corporate funds, futures reserves, and its Secure Asset Fund for Users (SAFU). According to the company, customer account balances have remained unaffected by the incident. The article provides limited additional detail beyond the scale of the breach and the compensation effort.

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