Binance says has covered 90% of US$6.3 billion hack losses

The prices of most major cryptocurrencies fell on news of the cyberattack.

Binance suspended user withdrawals after the incident, but said in its latest update they were on track to resume Sunday. 

The attack on Binance came as many observers express worries that the ever-expanding capabilities of artificial intelligence models could compromise cryptography and IT security protocols.

President Donald Trump said Friday the United States was looking into the hack, and the FBI said it was “engaged with relevant public and private partners to understand the scope of the activity” and was ready to investigate.