Binance just dropped an update on the $6.3B hack recovery:
98% of stolen assets already replenished
100% of user losses covered and allocated
Proof of Reserves expanded from 10 to 44 cryptos
Full verification rolling out in 50-60 hours
CZ's team moving fast to restore confidence. If they actually pull off full coverage this quickly, it's a massive flex on exchange security standards.
Still... $6.3B is generational wealth evaporated. Questions remain on how the breach even happened. Watch how $BNB reacts once PoR goes live.
98% of stolen assets already replenished
100% of user losses covered and allocated
Proof of Reserves expanded from 10 to 44 cryptos
Full verification rolling out in 50-60 hours
CZ's team moving fast to restore confidence. If they actually pull off full coverage this quickly, it's a massive flex on exchange security standards.
Still... $6.3B is generational wealth evaporated. Questions remain on how the breach even happened. Watch how $BNB reacts once PoR goes live.
