🚨 BINANCE SAYS 80% OF INCIDENT IMPACT IS NOW COVERED
Binance says it has reserved funds to cover around 80% of the estimated $6.3 billion impact from its recent security incident.
The exchange says it is working to acquire the remaining affected tokens and restore users’ assets.
🔎 The next key update: Binance’s updated Proof of Reserves, expected by November 2.
This is a major test of exchange transparency and user confidence.
💬 Will this incident change how you store your crypto?
#Binance #CryptoSecurity #ProofOfReserves
Binance says it has reserved funds to cover around 80% of the estimated $6.3 billion impact from its recent security incident.
The exchange says it is working to acquire the remaining affected tokens and restore users’ assets.
🔎 The next key update: Binance’s updated Proof of Reserves, expected by November 2.
This is a major test of exchange transparency and user confidence.
💬 Will this incident change how you store your crypto?
#Binance #CryptoSecurity #ProofOfReserves
