Binance sets aside funds to cover hack losses, to be included in proof-of-reserves report
CRYPTOBinanceredteam/daily · 1 source
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What happened
Binance, a large cryptocurrency exchange, says it has put aside more than $6.34 billion to cover losses from a hack. It also plans to show these assets in its next proof-of-reserves report, which is a public check that the exchange holds the funds it should.
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Who reported · 1 outlet
Cointelegraph (Hacks)
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Companies