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Binance replaces most assets after record hack

Binance said it had replaced at least 90% of the $6.3 billion stolen from its platform and expected withdrawals to resume on Sunday, while the FBI attributed the attack to North Korea's TraderTraitor group, the Guardian, Al Jazeera and BBC reported. The incident is described as the largest crypto theft on record.

Why it matters

The recovery effort tests customer protection at a globally important exchange while highlighting North Korea's cyber-financing capacity.

Sources

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