🚨 BINANCE HAS ALREADY COVERED 80% OF ITS $6.3 BILLION HACK LOSSES!
Binance is moving fast to protect its users after the massive security breach.
Here's what we know:
💰 $6.34 billion allocated from company resources to cover the losses.
✅ $5 billion already secured in the exact affected cryptocurrencies.
🔒 $3 billion in stolen assets frozen on-chain with help from industry partners.
📈 Binance says it will cover the full financial impact through SAFU and corporate funds not its users.
The exchange is also working to secure the remaining assets and restore withdrawal services in phases.
Now, all eyes are on Binance's upcoming Proof of Reserves report and the full investigation.
A major test of trust for the crypto industry.
Do you think Binance can fully restore user confidence after this incident?
$AIN $LSK $BNB
#HeYiSaysWithdrawalsExpectedtoResumeWithin42Hours #CryptoSecurity #CryptoNews #safu #blockchain
Binance is moving fast to protect its users after the massive security breach.
Here's what we know:
💰 $6.34 billion allocated from company resources to cover the losses.
✅ $5 billion already secured in the exact affected cryptocurrencies.
🔒 $3 billion in stolen assets frozen on-chain with help from industry partners.
📈 Binance says it will cover the full financial impact through SAFU and corporate funds not its users.
The exchange is also working to secure the remaining assets and restore withdrawal services in phases.
Now, all eyes are on Binance's upcoming Proof of Reserves report and the full investigation.
A major test of trust for the crypto industry.
Do you think Binance can fully restore user confidence after this incident?
$AIN $LSK $BNB
#HeYiSaysWithdrawalsExpectedtoResumeWithin42Hours #CryptoSecurity #CryptoNews #safu #blockchain
