Cryptocurrency exchange says withdrawals expected to resume on Sunday as FBI blames North Korean state-sponsored group TraderTraitor

Cryptocurrency exchange Binance says it has replaced 90% of the ⁠amount stolen after a record $6.3bn hack of its platform by a group the FBI identified as being backed by North Korea.

The remaining 10% of tokens are less liquid, meaning they ⁠may take ​longer to buy, the company said in a post on X on Saturday. Co-CEO Richard Teng said separately that the company was “committed to covering the ⁠remaining 10%” and that “users will not bear the financial impact of this incident”.

Cryptocurrency exchange says withdrawals expected to resume on Sunday as FBI blames North Korean state-sponsored group TraderTraitor

Cryptocurrency exchange Binance says it has replaced 90% of the ⁠amount stolen after a record $6.3bn hack of its platform by a group the FBI identified as being backed by North Korea.

The remaining 10% of tokens are less liquid, meaning they ⁠may take ​longer to buy, the company said in a post on X on Saturday. Co-CEO Richard Teng said separately that the company was “committed to covering the ⁠remaining 10%” and that “users will not bear the financial impact of this incident”.

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Mexico’s Saúl “Canelo” Álvarez reclaimed the WBC super-middleweight title with a unanimous-decision victory over the previously unbeaten Christian Mbilli in Riyadh on Saturday night.

The fight went ahead at Kingdom Arena despite a week of heightened security concerns in the Saudi capital, where the Saudi-led coalition said it had intercepted missiles and drones launched by Iran-aligned Houthi forces. Several events in the kingdom were cancelled or postponed, including the Six Kings Slam tennis exhibition.

U.S. District Court Judge Tanya Chutkin ordered both sides to talk and to agree on a proposed briefing schedule on the motion for a temporary restraining order by Saturday evening.

(Image credit: Jen Golbeck)