Crypto firm Binance covers 90% of losses after $6.3B hack

Posted by colinprince 1 day ago

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Comments

Comment by noja 1 day ago

How do they have the money for this?

Comment by cowlevel 1 day ago

Binance makes a lot of money. Most obviously from things like trading fees, also by trading currency itself (FTX-style) and by lending all the assets that are "on" their own blockchain BSC

Comment by MiroslavPokorny 1 day ago

Peter pays Paul, works until Peter wants his money.

Comment by 1 day ago