#BinanceReports80%Recoveryof$6.3BillioninLossesfromHackIncident
SECURITY UPDATE: Binance has secured $5B of the same assets stolen in the $6.3B hot wallet incident, covering ∼80% of impacted funds.
Binance has set aside $6.34B+ from corporate funds & SAFU to ensure users bear ZERO loss. $3B in stolen assets have also been frozen on-chain.
Assets secured include $BTC $ETH $BNB $USDT $USDC $SOL - remaining assets are being bought via market & OTC.
Withdrawals will resume in phases within ∼34h, Proof of Reserves update coming Nov 2. Funds are SAFU.
#BinanceSquareFamily
SECURITY UPDATE: Binance has secured $5B of the same assets stolen in the $6.3B hot wallet incident, covering ∼80% of impacted funds.
Binance has set aside $6.34B+ from corporate funds & SAFU to ensure users bear ZERO loss. $3B in stolen assets have also been frozen on-chain.
Assets secured include $BTC $ETH $BNB $USDT $USDC $SOL - remaining assets are being bought via market & OTC.
Withdrawals will resume in phases within ∼34h, Proof of Reserves update coming Nov 2. Funds are SAFU.
#BinanceSquareFamily