"Recovery Program Update #9" and its official announcement that withdrawals for more affected digital assets would gradually reopen.
1️⃣ Speed of fully resuming withdrawals: Users are now divided; one side praises the transparency and exceptional speed of Binance's security teams, who successfully rebuilt the wallet system and controls in an entirely new environment and restored smooth withdrawal operations. The other side, meanwhile, is concerned about the time needed to provide full liquidity for some less-liquid altcoins (which account for 10% of the affected assets).
2️⃣ The battle to freeze funds and pursue hackers: Everyone is closely watching the results of cooperation between Binance, major companies, and law enforcement agencies, which has succeeded in freezing nearly $3 billion across blockchains. The debate centers on the complex laundering methods used by the hackers (linked to North Korea's Lazarus Group) across thousands of addresses, sub-wallets, and decentralized finance platforms, and on the platform's ability to recover the remaining amount.
3️⃣ The struggle for trust and SAFU: Binance's firm commitment to covering 100% of the financial impact through the Secure Asset Fund for Users (SAFU) and its own company funds has greatly helped protect investor confidence and prevent prices from deteriorating.
#RecoveryUpdate #اختراق_بينانس_٢٩اكتوبر٢٠٢٦ #سحب_السيولة #تحديثات_Binance
1️⃣ Speed of fully resuming withdrawals: Users are now divided; one side praises the transparency and exceptional speed of Binance's security teams, who successfully rebuilt the wallet system and controls in an entirely new environment and restored smooth withdrawal operations. The other side, meanwhile, is concerned about the time needed to provide full liquidity for some less-liquid altcoins (which account for 10% of the affected assets).
2️⃣ The battle to freeze funds and pursue hackers: Everyone is closely watching the results of cooperation between Binance, major companies, and law enforcement agencies, which has succeeded in freezing nearly $3 billion across blockchains. The debate centers on the complex laundering methods used by the hackers (linked to North Korea's Lazarus Group) across thousands of addresses, sub-wallets, and decentralized finance platforms, and on the platform's ability to recover the remaining amount.
3️⃣ The struggle for trust and SAFU: Binance's firm commitment to covering 100% of the financial impact through the Secure Asset Fund for Users (SAFU) and its own company funds has greatly helped protect investor confidence and prevent prices from deteriorating.
#RecoveryUpdate #اختراق_بينانس_٢٩اكتوبر٢٠٢٦ #سحب_السيولة #تحديثات_Binance
