Binance says it has reserved $6.34B+ in company funds, including $5B already held in impacted token assets, to deal with the fallout from the $6.3B hack
THE SO WHAT
Binance ring-fencing $6.34B to cover a $6.3B hack is crisis containment at exchange scale — and a reminder that counterparty risk in centralized crypto is still very real. If you hold assets on any platform, revisit your custody, concentration limits, and incident-response assumptions this week.
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