Binance Sets Aside $6.34 Billion to Cover $6.3 Billion Hack Losses

Binance has set aside about $6.34 billion of company funds to cover losses from the $6.3 billion hack, and says users will not bear them. With partners, it has frozen affected assets, blocking their transfer, with about $3 billion located so far. North Korea has dismissed U.S. allegations that it was behind the theft.