The prices of most major cryptocurrencies fell on news that Binance was hit by a cyberattack. (Unsplash pic)NEW YORK: Cryptocurrency platform Binance said Saturday it has used company money to buy tokens to replenish 90% of US$6.3 billion stolen in a huge hacking attack.
"Our commitment remains the same: Binance will fully cover the financial impact of the funds stolen in this incident," the company said on X.
Binance, the world's largest crypto exchange by daily trading volumes, said the remaining 10% of tokens are "less liquid, which means they may take longer to source in the required amounts."
The company said it has set aside more than US$6.34 billion in company funds to cover losses in the hack.
