🛡️ Binance says it has replaced 90% of the stolen assets, and that 10 cryptocurrencies, including BTC, ETH and XRP, are now fully backed.
Per CoinDesk, Binance is absorbing all losses through corporate funds, futures reserves and the SAFU fund, and says user balances stay intact. It is still sourcing the less liquid tokens to close the remaining gap, per Bitcoin.com.
Does '90% replaced' change your trust in the exchange, or are you waiting for the full audit? 👇
$BTC $ETH $XRP
#CZSaysCompensationIsinPlaceUsersAreProtected #BinanceSquare #WriteToEarn
Per CoinDesk, Binance is absorbing all losses through corporate funds, futures reserves and the SAFU fund, and says user balances stay intact. It is still sourcing the less liquid tokens to close the remaining gap, per Bitcoin.com.
Does '90% replaced' change your trust in the exchange, or are you waiting for the full audit? 👇
$BTC $ETH $XRP
#CZSaysCompensationIsinPlaceUsersAreProtected #BinanceSquare #WriteToEarn
