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After the hack, Binance will compensate users for losses of more than $6.3 billion of their money. In particular, $5 billion is already in the required assets, and the company is currently acquiring the remaining amount through tokens in the market and over-the-counter channels. The exchange blocked another 3 billion dollars of stolen funds and is working on their return. Once payments are completed, all funds will be verifiable on the public proof of reserves report. Hackers broke into the crypto exchange on the evening of October 29. This incident was related to the hacking of one of the engineers' laptop. North Korean hackers are suspected of this. After the attack, bitcoin fell more than 3% to a six-week low of $76,368.

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After the hack, Binance will compensate users for losses of more than $6.3 billion of their money. In particular, $5 billion is already in the required assets, and the company is currently acquiring the remaining amount through tokens in the market and over-the-counter channels. The exchange blocked another 3 billion dollars of stolen funds and is working on their return. Once payments are completed, all funds will be verifiable on the public proof of reserves report. Hackers broke into the crypto exchange on the evening of October 29. This incident was related to the hacking of one of the engineers' laptop. North Korean hackers are suspected of this. After the attack, bitcoin fell more than 3% to a six-week low of $76,368.

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