
Binance says 90% of losses from $6.3bn hack covered as FBI says North Korea behind attack
Binance said it has reimbursed about 90% of the $6.3 billion loss from a major hack in recent months, with the remainder covered by its insurance fund. Withdrawals are slated to resume on Sunday. The FBI linked the breach to a North Korean state‑sponsored hacking group called TraderTraitor, marking one of the largest crypto thefts on record.