← Market News
BINANCE REPLENISHES 90% OF HACKED FUNDS

● BINANCE REPLENISHES 90% OF HACKED FUNDS

Binance said it has replenished 90% of the funds drained in last week's record hack, up from 80% a day earlier, as $BNB holders wait for withdrawals to reopen. The exchange is funding the gap with its Secure Asset Fund for Users, a slice of its futures insurance fund, and its own corporate treasury. All of BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC are back at full coverage; the remaining 10% is less liquid tokens that take longer to source. Binance says it remains on track to reopen withdrawals Sunday.

@55 Markets·1h ago·Source: binance.com
More news from @55 Markets →

Written and verified by @55 Markets from the linked source. Not investment advice.

BINANCE REPLENISHES 90% OF HACKED FUNDS | @55 Markets