🚨 BINANCE HAS NOW COVERED 95% OF THE STOLEN ASSETS!
Binance has made further progress following its massive $6.3 billion security incident.
Here are the latest updates:
🔹 Approximately 95% of affected assets have been replenished, up from 90%.
🔹 More than $6.34 billion was set aside to cover the losses.
🔹 BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC are 100% backed.
🔹 The remaining 5% consists of less-liquid tokens that take longer to acquire.
🔹 Binance says users will not bear the financial losses.
🔹 Withdrawals have started resuming in phases.
Binance is also providing updated Proof of Reserves data to help users independently verify their assets.
The message is clear: Binance is using its own resources to protect users and restore confidence.
Transparency and security will be crucial from here
Binance has made further progress following its massive $6.3 billion security incident.
Here are the latest updates:
🔹 Approximately 95% of affected assets have been replenished, up from 90%.
🔹 More than $6.34 billion was set aside to cover the losses.
🔹 BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC are 100% backed.
🔹 The remaining 5% consists of less-liquid tokens that take longer to acquire.
🔹 Binance says users will not bear the financial losses.
🔹 Withdrawals have started resuming in phases.
Binance is also providing updated Proof of Reserves data to help users independently verify their assets.
The message is clear: Binance is using its own resources to protect users and restore confidence.
Transparency and security will be crucial from here
