Binance’s response speed and willingness to take responsibility this time are truly noteworthy
@cz_binance @heyibinance @_RichardTeng @binancezh
The recovery rate for affected assets has risen from 80% to 90%. Ten tokens, including BTC, ETH, BNB, and SOL, are now fully backed by reserves, and additional purchases are ongoing through market and OTC channels to cover the remaining amount.
More importantly, Binance has made it clear that the platform will fully cover the financial losses caused by this theft, rather than passing the bill on to users.
Withdrawals are expected to resume on November 1, and the latest Proof of Reserves has also been updated.
Ultimately, an exchange’s strength isn’t just about how big it can get during a bull market; it’s also about whether it can put up real money to solve problems when unexpected events occur.
Users’ trust isn’t earned through words, but built up through action, time and again.
Binance is trustworthy 💪💪
Keep building!!!🧡🧡
@cz_binance @heyibinance @_RichardTeng @binancezh
The recovery rate for affected assets has risen from 80% to 90%. Ten tokens, including BTC, ETH, BNB, and SOL, are now fully backed by reserves, and additional purchases are ongoing through market and OTC channels to cover the remaining amount.
More importantly, Binance has made it clear that the platform will fully cover the financial losses caused by this theft, rather than passing the bill on to users.
Withdrawals are expected to resume on November 1, and the latest Proof of Reserves has also been updated.
Ultimately, an exchange’s strength isn’t just about how big it can get during a bull market; it’s also about whether it can put up real money to solve problems when unexpected events occur.
Users’ trust isn’t earned through words, but built up through action, time and again.
Binance is trustworthy 💪💪
Keep building!!!🧡🧡
