Binance says it has replaced 90% of stolen crypto after massive $6.3 billion breach

Binance reports it has replaced about 90% of cryptocurrency taken in a breach its headline puts at $6.3 billion. The exchange says it is covering the losses from corporate funds, futures reserves and its SAFU fund, so user balances remain unaffected. Bitcoin was down 0.1% in the first hour after publication and has also moved down 0.1% since the story ran.