Spiced Kopi Today's briefing

The Straits Times·Business

Binance says it will cover losses from crypto heist

Summarised by Spiced Kopi · ·9 sec listen

Binance says it will cover losses from crypto heist

The largest heist in cryptocurrency history unfolded in just 20 minutes, according to the explainer. Binance says the losses will be covered by its one-billion-dollar secure asset fund and company resources; it offered no further details.

Read the full report at The Straits Times

This card is an AI-assisted summary of reporting published by The Straits Times. Read the original report before relying on it for medical, legal, financial, safety, or emergency decisions.