Regarding the recent security incident, Binance has released its second official progress update. Here are the key confirmed points:
✅ Asset Coverage: Over $6.34 billion in corporate funds have been prepared, covering approximately 80% of the affected assets. Binance has clearly stated that all losses will be covered by the SAFU fund and company funds, and users will not bear any losses.
✅ On-Chain Freeze: Approximately $3 billion in affected assets have been frozen on-chain with the cooperation of partners.
⏳ Withdrawal Recovery Timeline: The technical team aims to gradually restore withdrawal services within approximately 34 hours (depending on the progress of security checks).
📸 Proof of Reserves (PoR): The first PoR snapshot is expected to be completed today (October 31), and the results will be published before November 2.
Security Reminder: Please only follow official Binance channels for updates. Do not trust any unofficial "refund" or "recovery" links. Ensure your account's 2FA is enabled and review unused API keys.
$BNB $BTC
#Binance #SecurityUpdate #CryptoNews #SAFU
✅ Asset Coverage: Over $6.34 billion in corporate funds have been prepared, covering approximately 80% of the affected assets. Binance has clearly stated that all losses will be covered by the SAFU fund and company funds, and users will not bear any losses.
✅ On-Chain Freeze: Approximately $3 billion in affected assets have been frozen on-chain with the cooperation of partners.
⏳ Withdrawal Recovery Timeline: The technical team aims to gradually restore withdrawal services within approximately 34 hours (depending on the progress of security checks).
📸 Proof of Reserves (PoR): The first PoR snapshot is expected to be completed today (October 31), and the results will be published before November 2.
Security Reminder: Please only follow official Binance channels for updates. Do not trust any unofficial "refund" or "recovery" links. Ensure your account's 2FA is enabled and review unused API keys.
$BNB $BTC
#Binance #SecurityUpdate #CryptoNews #SAFU