🚨 Binance Recovery Update: SAFU Deployed
⠀
📰 What's new
Binance says it has now replenished about 6 billion USD of the assets taken in the Oct 29 hack, and the SAFU transfer is complete: 7,499 BTC moved from the user protection fund.
⠀
🛡️ Backing
10 assets are fully backed 1:1: BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC. The rest are lower-liquidity tokens still being bought via market and OTC.
⠀
⏳ Next milestones
Withdrawals are targeted to reopen today, Nov 1 (exact time not yet confirmed). Zero-knowledge Proof of Reserves expected around Nov 3.
⠀
📊 Market
BTC 77,763 (+0.42% 24H), BNB 703.13 (-0.43% 24H). Calm reaction so far.
⠀
💬 Will you withdraw or keep holding on Binance?
⠀
$BTC $BNB
#Binance #SAFU #CryptoNews #Bitcoin
⠀
📰 What's new
Binance says it has now replenished about 6 billion USD of the assets taken in the Oct 29 hack, and the SAFU transfer is complete: 7,499 BTC moved from the user protection fund.
⠀
🛡️ Backing
10 assets are fully backed 1:1: BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC. The rest are lower-liquidity tokens still being bought via market and OTC.
⠀
⏳ Next milestones
Withdrawals are targeted to reopen today, Nov 1 (exact time not yet confirmed). Zero-knowledge Proof of Reserves expected around Nov 3.
⠀
📊 Market
BTC 77,763 (+0.42% 24H), BNB 703.13 (-0.43% 24H). Calm reaction so far.
⠀
💬 Will you withdraw or keep holding on Binance?
⠀
$BTC $BNB
#Binance #SAFU #CryptoNews #Bitcoin
