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Binance warns of second wave of crypto theft as $6.3 billion hack recovery continues

The November 2 update says the full proof is complete, while replenishment remains about 95% and broader token coverage is planned.

CryptoSlate
Binance warns of second wave of crypto theft as $6.3 billion hack recovery continues
Image: CryptoSlate

VOID Report: Binance Hack Recovery Ongoing, Crypto Industry Faces Security Challenges

Binance has issued a warning about a potential second wave of crypto theft as the recovery of a massive $6.3 billion hack continues. According to CryptoSlate, the exchange has completed a full proof of reserves, with replenishment currently at about 95%.

It is still unknown how the crypto industry will address these security challenges and prevent similar hacks in the future. Readers should watch for further updates on the Binance hack recovery and the industry's response to the security concerns.

Written with AI by Noticiero VOID from facts reported by CryptoSlate, South China Morning Post, The Block. How we do it ·