Binance responds to North Korea campaign and covers loss, Ran Neuner reports

Binance responds to North Korea campaign and covers loss, Ran Neuner reports
Binance covers attack loss no funds lost

Binance has taken action in response to a multi-month attack campaign attributed to North Korea, closing entry points and rebuilding its systems. The company stated there were no losses to customer funds and that 98% of the affected amount has already been addressed, with Binance covering the full loss.

This information was reported by Ran Neuner.

Ran Neuner has previously highlighted volatility in both traditional and crypto markets. In a recent report, he noted that U.S. inflation rose to 3.7 percent as bond yields spiked. He also pointed out that certain altcoins are showing strength even as attention remains on Bitcoin.

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