Binance announced that it has covered 90% of the assets affected by the hack, up from 80% previously, and is buying the remaining less-liquid coins to complete coverage... This is compensation for the assets using the platform’s own funds, not the recovery of 90% of the stolen funds.
Withdrawals are still targeted to resume on Sunday, November 1, and there has been no confirmed announcement that they have actually resumed... The platform also announced that it had taken a new snapshot of its reserves, but the full, verifiable proof is expected on November 3.
Withdrawals are still targeted to resume on Sunday, November 1, and there has been no confirmed announcement that they have actually resumed... The platform also announced that it had taken a new snapshot of its reserves, but the full, verifiable proof is expected on November 3.
