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Crypto

Binance Completes Compensation for Hacking Incident

2026/11/13 15:35(Updated 2026/11/13 10:23)

CoinPost

Written by L.Kikutani

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Binance Completes Compensation for Hacking Incident

Compensation Completed

On the 13th, leading cryptocurrency exchange Binance officially announced that it has completed compensation for assets affected by the hacking incident on October 30. Alongside this, a snapshot of the new Proof of Reserves was released.

The hacking on October 30 resulted in the theft of approximately $6.34 billion (equivalent to 1 trillion yen) in cryptocurrencies. Binance declared that the company, not its users, would bear the losses, and 3...

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