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Binance says 90% of losses from $6.3bn hack covered as FBI says North Korea behind attack

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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© Photograph: Dan Kitwood/Getty Images

© Photograph: Dan Kitwood/Getty Images

© Photograph: Dan Kitwood/Getty Images

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El-Sayed’s Campaign Doesn’t Want Haley Stevens at His Events

Tensions have flared between Dr. Abdul El-Sayed, the Democratic Senate nominee in Michigan, and his former primary rival. “I don’t want any distractions,” Dr. El-Sayed said Saturday.

© Nic Antaya for The New York Times; Bill Pugliano / AFP via Getty Images

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Binance says 90% of losses from $6.3bn hack covered as FBI says North Korea behind attack

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”.

Continue reading...

© Photograph: Dan Kitwood/Getty Images

© Photograph: Dan Kitwood/Getty Images

© Photograph: Dan Kitwood/Getty Images

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Canelo Álvarez wins back world title as Houthi attacks cast shadow over Riyadh

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.

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© Photograph: Fayez Nureldine/AFP/Getty Images

© Photograph: Fayez Nureldine/AFP/Getty Images

© Photograph: Fayez Nureldine/AFP/Getty Images

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‘We Are Coming From Hell’: A Ukrainian City’s Evacuees Tell Survival Stories

Safely out of Oleshky after enduring years in the combat zone and a harrowing 24-hour journey, weary civilians reunited with family and friends.

Ukrainians evacuated from the frontline town of Oleshky, Ukraine, on Saturday.
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Voters Usually Ignore Corruption as an Issue. It Now Has Their Attention.

Voters have shrugged off accusations of corruption for years, believing all politicians are corrupt, but thanks to President Trump’s unpopularity and growing wealth, the issue is breaking through.

© Ash Adams for The New York Times

Some recent polls have shown corruption has risen to the top of issues that voters say they care about most.
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