Topic: #exchange-hack
-
Binance says it has replenished 90% of assets stolen in $6.3 billion hack
Binance said Saturday it had replenished 90% of the assets stolen in its $6.3 billion hack, up from about 80% a day earlier, and said it remained on track to resume withdrawals Sunday, Cointelegraph reported.
-
Binance sets aside $6.34B to cover hack losses as about $3B stays frozen
Binance said Friday it has set aside more than $6.34 billion in company funds to cover losses from its $6.3 billion hack, while about $3 billion in stolen assets remains frozen.
-
Bitget CEO 'not very optimistic' about recovering $388M lost in breach
Bitget CEO Gracy Chen said she isn't sure the exchange can fully freeze or recover the roughly $388 million lost in last week's breach, citing Bybit's 2025 hack, where only about 3.5% of funds were frozen.
-
SEC issues new crypto Howey FAQs as Bitget resumes Bitcoin withdrawals
The SEC issued new FAQs on how the Howey test applies to token buybacks, network development and staking receipt tokens, while Bitget resumed BTC withdrawals after a breach affecting nearly $388 million.