Binance’s Richard Teng says exchange is financially sound after $6.3 billion heist

The co-CEO says 95% of affected tokens have been replenished and that hourly flows have largely normalized following the October 29 breach Binance co-CEO Richard Teng has a message for anyone wondering whether the world’s largest crypto exchange is still standing: it is. Speaking at Hong Kong Fintech Week on November 3, Teng said the exchange had replenished 95% of the tokens affected by a $6.3 billion cyber heist. Teng also said hourly inflows and outflows at the exchange had “pretty much normalised.” He indicated that more information about the breach will be released in due course.