Good News for all Binancians!
Binance has officially announced that it has recovered 90% of the $6.3 Billion stolen in the recent hack (up from 80% yesterday).
Key Highlights:
✅ Top 10 Assets 100% Backed: BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, ZEC are now fully backed 1:1
✅ $6.34B Secured: Funded from Binance Corporate Treasury, SAFU Fund & Futures Insurance Fund
✅ Users Will NOT Pay: Binance said "Binance will absorb the financial impact, not our users"
✅ Withdrawals: On track to reopen on Sunday, Nov 1, 2026
✅ Proof of Reserve: New snapshot taken on Oct 31, full ZK-proof by Nov 3
The remaining 10% consists of low-liquidity tokens and is being purchased via Market & OTC.
Binance also committed to restore SAFU Fund back to $1B.
Your funds are SAFU! 🔒
#Binance #SAFU #CryptoNews #BinanceHack #BTC
