🚨 BINANCE RECOVERY UPDATE: 90% OF AFFECTED ASSETS NOW REPLENISHED
Binance says it has increased asset replenishment from 80% to 90% following the reported $6.3B security incident.
The exchange states that 10 major assets, including BTC, ETH, BNB, SOL and XRP, are now 100% backed. The remaining 10% involves less-liquid tokens that may take longer to acquire.
A new Proof of Reserves snapshot has also been published, while Binance is targeting November 1 to resume withdrawals.
The next key milestone: completing the remaining 10% and restoring withdrawal services.
#Binance #CryptoSecurity #CryptoNews #ProofOfReserves
Binance says it has increased asset replenishment from 80% to 90% following the reported $6.3B security incident.
The exchange states that 10 major assets, including BTC, ETH, BNB, SOL and XRP, are now 100% backed. The remaining 10% involves less-liquid tokens that may take longer to acquire.
A new Proof of Reserves snapshot has also been published, while Binance is targeting November 1 to resume withdrawals.
The next key milestone: completing the remaining 10% and restoring withdrawal services.
#Binance #CryptoSecurity #CryptoNews #ProofOfReserves
