Binance Sets Aside $6.34B to Cover Hack Losses, CEO Says 'Your Assets Are Safe'
Binance has set aside $6.34 billion to cover losses from a hack, and CEO Richard Teng says customer assets are safe. He said the attacker used a self-destruct mechanism and an EIP-7702 delegation that got around the exchange's normal approval controls. Since the story, BTC is down 0.1%.
Source: Decrypt · Written by Blockdeck from public reports and live market datamarket_reactionBTC/USD around the story−0.37% since the news
Price at the news$77,467.81
First hour after−0.19%
Since the news−0.37%
Volume that hour0.5× normal
Headline and excerpt credited to Decrypt. Prices on this page are live, not from the time of the story. Not financial advice.