Binance Co-CEO Says 98% of Tokens Affected by $6.34 Billion Hack Have Been Replenished
JH Kim
Summary
- Binance said it has restored 98% of the tokens affected by a hack worth $6.34 billion.
- Binance Co-CEO Richard Teng said 98% of the tokens affected by the hack had been replenished.
- Binance did not disclose a timeline for restoring the remaining 2% or the specific method of replenishment.
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Binance said 98% of the tokens affected by a $6.34 billion hack have been replenished.
Cointelegraph reported on Nov. 3 that Binance Co-CEO Richard Teng said 98% of the tokens impacted by the hack had been replaced.
The reported losses tied to the hack amounted to $6.34 billion. Teng said most of those tokens have now been replenished.
The company did not disclose a timeline for restoring the remaining 2% or provide details on how the replenishment would be carried out.
JH Kim
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