The hole at Binance is basically plugged—98%.
First it was 90%, then 95%, and now 98%. The remaining 2% is in small, illiquid coins, which are being gradually bought up on-market and over the counter. Binance is shouldering all the losses itself.
What’s more worth watching is the proof of reserves: a new snapshot was taken yesterday morning, expanding coverage from 10 coins to 44. In two or three days, the zero-knowledge proof will be available, and anyone holding these coins will be able to verify it themselves.
They plugged the gap in less than a week, withdrawals stayed open, and the books are becoming more transparent. This looks like it’s wrapping up.
BNB has caught up this time. Yesterday at noon, it was still getting battered below 700. Then the election rally kicked in, and it shot up to around 716 in one go. It’s now at 715 USDT.
Big Brother’s view is bullish. If it holds above 716, you could consider getting in. The next stop is 740, where it was before the hack. If it drops back below 700, stay away for now. #币安安全事件恢复进展：98%被盗资产已回填 $BNB
First it was 90%, then 95%, and now 98%. The remaining 2% is in small, illiquid coins, which are being gradually bought up on-market and over the counter. Binance is shouldering all the losses itself.
What’s more worth watching is the proof of reserves: a new snapshot was taken yesterday morning, expanding coverage from 10 coins to 44. In two or three days, the zero-knowledge proof will be available, and anyone holding these coins will be able to verify it themselves.
They plugged the gap in less than a week, withdrawals stayed open, and the books are becoming more transparent. This looks like it’s wrapping up.
BNB has caught up this time. Yesterday at noon, it was still getting battered below 700. Then the election rally kicked in, and it shot up to around 716 in one go. It’s now at 715 USDT.
Big Brother’s view is bullish. If it holds above 716, you could consider getting in. The next stop is 740, where it was before the hack. If it drops back below 700, stay away for now. #币安安全事件恢复进展：98%被盗资产已回填 $BNB
