💪🚨💯🌍👏👏👏Binance has announced that it has replenished approximately 98% of the assets affected by its recent security incident.

The exchange confirmed that it will cover all losses using its own funds, not user assets. The remaining 2% is still being recovered due to low market liquidity.

Binance has also expanded its Proof of Reserves (PoR) coverage from 10 to 44 tokens, with a new snapshot dated November 4.

The full zero-knowledge proof is expected to take another 50 to 60 hours. Withdrawals will reopen in phases as recovery progresses.

Key takeaway: Binance says 98% of affected assets have been recovered, and user funds will not be used to cover the losses.

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