🚨 Binance Has Now Covered 90% of the Stolen Funds!🤝
Actions speak louder than promises.
Binance has made significant progress in covering the losses, and here are the latest updates:
🔹 $6.34B+ in company funds set aside to cover the losses.
🔹 BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC are now 100% backed.
🔹 Binance will absorb the financial impact, not its users.
🔹 The remaining 10% consists of less liquid tokens that may take more time to acquire.
🔹 Withdrawals are still on track to resume on November 1.
Binance is also updating its Proof of Reserves, giving users the ability to independently verify their asset backing once the full proof is generated.
Binance is showing measurable progress, not just making promises.
This is what accountability looks like. Protecting users and taking responsibility.
That's why Binance remains the number one crypto exchange for a reason! ❤️🤝
#Binance #SAFU #Crypto
Actions speak louder than promises.
Binance has made significant progress in covering the losses, and here are the latest updates:
🔹 $6.34B+ in company funds set aside to cover the losses.
🔹 BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC are now 100% backed.
🔹 Binance will absorb the financial impact, not its users.
🔹 The remaining 10% consists of less liquid tokens that may take more time to acquire.
🔹 Withdrawals are still on track to resume on November 1.
Binance is also updating its Proof of Reserves, giving users the ability to independently verify their asset backing once the full proof is generated.
Binance is showing measurable progress, not just making promises.
This is what accountability looks like. Protecting users and taking responsibility.
That's why Binance remains the number one crypto exchange for a reason! ❤️🤝
#Binance #SAFU #Crypto
