🚨 BREAKING: Binance Recovers 90% of $6.3B – A Massive Recovery!
Finally, Binance is showing why financial strength and user protection matter in the crypto industry.
According to Binance's 3rd security update on October 31, around 90% of the affected assets have now been replenished, up from 80% in the previous update.
Here’s What Happened:$ETH
🔹 Total security incident: Approximately $6.3B
🔹 Incident date: October 29
🔹 Binance allocated $6.34B to cover the impact
🔹 Funding sources include Corporate Treasury, SAFU Fund and Futures Insurance Fund.
🔹 10 major tokens are now reported to be 100% backed.$BNB
🔹 Remaining 10% consists of less-liquid assets that may require more time to recover.
🔹 Withdrawals were expected to resume on November 1.$BTC
#Crypto #satoshiNakamato #bitcoin.” #blockchain #CryptoRecovery
Finally, Binance is showing why financial strength and user protection matter in the crypto industry.
According to Binance's 3rd security update on October 31, around 90% of the affected assets have now been replenished, up from 80% in the previous update.
Here’s What Happened:$ETH
🔹 Total security incident: Approximately $6.3B
🔹 Incident date: October 29
🔹 Binance allocated $6.34B to cover the impact
🔹 Funding sources include Corporate Treasury, SAFU Fund and Futures Insurance Fund.
🔹 10 major tokens are now reported to be 100% backed.$BNB
🔹 Remaining 10% consists of less-liquid assets that may require more time to recover.
🔹 Withdrawals were expected to resume on November 1.$BTC
#Crypto #satoshiNakamato #bitcoin.” #blockchain #CryptoRecovery
