🚀 An important update from Binance for the digital community

🛡️ Binance has unveiled the third update on its recovery from the cybersecurity incident, bringing good news for all users and investors in the crypto market.

💎 The percentage of stolen assets that have been compensated has reached 90%, up from around 80% in the previous update. This progress was made possible by the platform’s decision to allocate more than $6.34 billion of its own funds to cover losses, with an ongoing commitment until coverage reaches 100% for all affected tokens.

✅ The tokens fully covered by Binance at 100% include:

🔹 Bitcoin

🔹 Ethereum

🔹 USDT

🔹 Binance Coin

🔹 Solana

🔹 USDC

🔹 Ripple

🔹 USD1

🔹 RLUSD

🔹 Zcash

💰 A clear message from Binance: the platform will bear the full financial impact of these stolen funds, and users will not suffer any loss or impact to their balances.

🔹 How was this achieved

🔗 Source: https://www.binance.com/en/support/announcement/1fdf1f61559c401da0435895ffcccb62