Binance to cover all losses from company funds, says co-CEO on US$6.3b hack
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Binance to cover all losses from company funds, says co-CEO on US$6.3b hack
17.5K views6 days ago
YouTubeThe Straits Times
Binance has set aside more than US$6.3 billion (S$8b) of company funds to cover all the losses from a hack of its platform, said Binance co-CEO Richard Teng. The world’s biggest cryptocurrency exchange worked on Oct 31 to shore up public confidence after facing a record US$6.3 billion hacking incident, which analysts blamed on North Korea and said could be the largest financial heist of all time. #Binance #crypto #cryptocurrency #hacking #viralnews #StraitsTimes
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Binance has set aside more than US$6.3 billion (S$8b) of company funds to cover all the losses from a hack of its platform, said Binance co-CEO Richard Teng. The world’s biggest cryptocurrency exchange worked on Oct 31 to shore up public confidence after facing a record US$6.3 billion hacking incident, which analysts blamed on North Korea and said could be the largest financial heist of all time. #Binance #crypto #cryptocurrency #hacking #viralnews #StraitsTimes
505.9K views6 days ago
TikTokstraitstimes
On Oct. 29, 2026, Binance suffered what could possibly the biggest single financial hack in history, with US$6.3 billion (S$8.05 billion) worth of cryptocurrency affected. Withdrawals have been temporarily suspended. Singaporean co-CEO Richard Teng put up a video shortly after, assuring users that their assets are safe and investigations are ongoing. The hack sent cryptocurrencies tumbling, with Bitcoin falling about 5%, Ethereum 6%, and Binance's token BNB dropping 10%. Calling it a “complex at
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On Oct. 29, 2026, Binance suffered what could possibly the biggest single financial hack in history, with US$6.3 billion (S$8.05 billion) worth of cryptocurrency affected. Withdrawals have been temporarily suspended. Singaporean co-CEO Richard Teng put up a video shortly after, assuring users that their assets are safe and investigations are ongoing. The hack sent cryptocurrencies tumbling, with Bitcoin falling about 5%, Ethereum 6%, and Binance's token BNB dropping 10%. Calling it a “complex at
18.1K views5 days ago
TikTokmothershipsg
On Thursday, Binance, the world’s largest crypto exchange, was hacked with more than $6 billion being wiped out. CNN’s Jon Sarlin talks with notorious hacker Ilya Lichtenstein, who once stole $4.5 billion worth of crypto, about the challenges that both law enforcement and the hackers are now facing.
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On Thursday, Binance, the world’s largest crypto exchange, was hacked with more than $6 billion being wiped out. CNN’s Jon Sarlin talks with notorious hacker Ilya Lichtenstein, who once stole $4.5 billion worth of crypto, about the challenges that both law enforcement and the hackers are now facing.
733.7K views6 days ago
TikTokcnn
Binance co-CEO Richard Teng released a video statement on Friday (Oct 30) night to reassure platform users that their assets are safe. His statement comes after hackers stole US$6.3 billion from the world’s largest cryptocurrency currency exchange in what industry analysts are calling the largest cyber heist in digital asset history. He added that their tech and security team are “still deep in the investigation of the hack” and assured that they are doing everything “within our power to ensure
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Binance co-CEO Richard Teng released a video statement on Friday (Oct 30) night to reassure platform users that their assets are safe. His statement comes after hackers stole US$6.3 billion from the world’s largest cryptocurrency currency exchange in what industry analysts are calling the largest cyber heist in digital asset history. He added that their tech and security team are “still deep in the investigation of the hack” and assured that they are doing everything “within our power to ensure
83.6K views6 days ago
TikTokchannelnewsasia
✅ Cómo poner una Orden LIMIT en Binance Spot con Bitcoin (Paso a Paso). #binance #crypto #bitcoin #btc
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✅ Cómo poner una Orden LIMIT en Binance Spot con Bitcoin (Paso a Paso). #binance #crypto #bitcoin #btc
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TikTokinversionesdigitalesid
The Federal Bureau of Investigation has confirmed North Korea was behind the 'biggest hack in history' after $6.3billion was stolen from the cryptocurrency giant Binance. An investigation led by the FBI, the United States Secret Service and the Internal Revenue Service Criminal Investigation has uncovered malicious North Korean cyber activity by 'TraderTraitor,' an elite hacking group. Binance, the world's largest crypto exchange by daily trading volumes, said that investigations had 'uncovered
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The Federal Bureau of Investigation has confirmed North Korea was behind the 'biggest hack in history' after $6.3billion was stolen from the cryptocurrency giant Binance. An investigation led by the FBI, the United States Secret Service and the Internal Revenue Service Criminal Investigation has uncovered malicious North Korean cyber activity by 'TraderTraitor,' an elite hacking group. Binance, the world's largest crypto exchange by daily trading volumes, said that investigations had 'uncovered
387.4K views5 days ago
TikTokdailymail
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