Binance tapped its insurance fund after the hack. What’s left?
By Rony Roy
Binance has drawn on a reserve used to absorb losses from bankrupt futures positions as it replaces stolen cryptocurrency. The exchange says it moved only excess funds, while published balances give traders a partial view of the protection that remains.…
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
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