Security
CZ Says Binance Could Use Its $1 Billion SpaceX Stake to Cover Hack Losses
Coinpedia·October 30, 2026·1 min read
Former Binance CEO Changpeng Zhao says the exchange could use its stake in Elon Musk's SpaceX, now worth over $1 billion, to cover losses from the $6.3 billion hack. However, co-founder Yi He said the exchange may not need to sell shares as annual revenue suffices.
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