Binance says it has covered $6bn of $6.3bn stolen in hack; FBI says North Korean group behind crypto theft

Binance, the worlds biggest cryptocurrency exchange, said it has covered $6 billion of the $6.3bn stolen from its platform by using company money to buy replacement tokens, after a hack that US officials said was carried out by a North Korean state-sponsored unit known as TraderTraitor. “We had already covered $6B of the impacted amount of the hacked loss,” Binance said on X on Saturday, after saying earlier that it had covered 90 per cent of the stolen funds. The remaining amount, now less than 10pc, consists of assets that are less liquid and may take longer to source in the required…