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Binance Says Customers Affected by $6.3 Billion Hack Have Been Fully Repaid

(4 hours ago) · 1 source · Summarized by CryptoBipto

Binance has announced that all customers impacted by a $6.3 billion hack have been fully repaid. The exchange says it has completed the reimbursement process, though independent verification of the claim has not been confirmed.

WHY IT MATTERS

When you store cryptocurrency on an exchange like Binance, you are trusting that company to keep your funds safe — similar to keeping money in a bank.

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SOURCES

  • beincrypto.com

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