Binance has set aside more than US$6.3 billion (S$8b) of company funds to cover the losses from a hack of its platform, which analysts blamed on North Korea and said could be the largest financial heist of all time. Binance co-CEO Richard Teng said the breach was a complex attack. Binance is the world's biggest cryptocurrency exchange. Follow The Straits Times on YouTube: https://str.sg/ytsub Turn on notifications 🔔 to stay updated. -------------------- WEBSITE ➤ https://www.straitstimes.com WHATSAPP ➤ https://str.sg/whatsapp TIKTOK ➤ https://www.tiktok.com/@straitstimes INSTAGRAM ➤ https://www.instagram.com/straits_times FACEBOOK ➤ https://www.facebook.com/TheStraitsTimes TWITTER ➤ https://twitter.com/straits_times TELEGRAM ➤ https://t.me/TheStraitsTimes PODCASTS ➤ https://str.sg/stpodcasts #straitstimes #binance #crypto