Binance covers 95% of $6.3B North Korean crypto heist, reassures users

Binance claims to have covered 95% of the $6.3 billion loss from a record crypto heist attributed to North Korean hackers, seeking to reassure users. The scale of the theft and the recovery claim are unprecedented, but details on the mechanism and verification remain unclear. This underscores the growing threat of state-sponsored cybercrime to digital asset platforms and may heighten regulatory scrutiny.

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