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<rss version="2.0"><channel><title>Crypto firm Binance covers 90% of losses after $6.3bn hack — Live Feed</title><link>https://www.live-feeds.com/feed/crypto-firm-binance-covers-90-of-losses-after-6-3bn-hack</link><atom:link xmlns:atom="http://www.w3.org/2005/Atom" href="https://www.live-feeds.com/feed/crypto-firm-binance-covers-90-of-losses-after-6-3bn-hack/rss.xml" rel="self" type="application/rss+xml"/><description>Continuously updated, source-cited coverage.</description>
<item><title>Binance Covers 90% of Losses From Record Hack</title><link>https://www.live-feeds.com/feed/crypto-firm-binance-covers-90-of-losses-after-6-3bn-hack</link><guid isPermaLink="false">https://www.live-feeds.com/feed/crypto-firm-binance-covers-90-of-losses-after-6-3bn-hack#u181302</guid><pubDate>Fri, 06 Nov 2026 13:06:21 +0000</pubDate><description>Cryptocurrency exchange Binance announced that 90% of the funds lost in a massive cyber attack have been covered. Hackers stole approximately $6.3bn during the breach, forcing the platform to address the shortfall using its corporate treasury, insurance funds, and SAFU reserves. Following the security incident, the exchange resumed withdrawals for several major cryptocurrencies. Meanwhile, the Federal Bureau of Investigation attributed the multi-billion dollar heist to North Korea, specifically pointing to the state-sponsored group TraderTraitor. Analytics firms also reported intelligence link</description></item>
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