ISTANBUL, Nov 1 (Bernama-Anadolu) -- Cryptocurrency exchange Binance announced that it had covered 90 per cent of the losses from a cyberattack and was continuing purchases through market and over-the-counter (OTC) channels to cover the remaining amount, Anadolu Ajansi reported.
Binance Says It Covered 90 Pct Of Losses In Cyberattack
Binance, Cryptocurrency, cyberattack, Bitcoin,
BE Bernama 
Key takeaways
Binance covered 90% of losses from a cyberattack and will continue purchasing tokens to reach 100% coverage.
- Binance allocated over $6.34 billion to compensate users affected by the attack.
- 90% of losses from the cyberattack have been covered, including major cryptocurrencies.
- Binance will continue purchasing tokens until full coverage is achieved for all affected assets.
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Related reporting
2 stories on this topic from 2 sources, oldest first.
- Free Malaysia Today Binance says has covered 90% of US$6.3bil hack losses
- Bernama Binance Says It Covered 90 Pct Of Losses In Cyberattack (this story)
