Binance says it holds $5B in matching tokens to cover hack losses

The exchange said it set aside more than $6.34 billion to cover losses and would include the assets in its next proof-of-reserves report.
Source: Binance says it holds $5B in matching tokens to cover hack losses (https://cointelegraph.com/news/binance-5-billion-replacement-crypto-in-custody?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)