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Crypto & Bitcoin

BREAKING: Binance Issues Hot Announcement Regarding the Hack – When Will Withdrawals Resume, and Will Losses Be Compensated?

Reported by Mete Demiralp, Bitcoin Sistemi

Image: Bitcoin Sistemi

Binance, the world's largest cryptocurrency exchange, announced significant progress in its efforts to replenish assets following a cyberattack worth approximately $6.3 billion. The exchange stated that 90% of the stolen cryptocurrency assets have been replenished using company resources, and that reserves in 10 major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and BNB, have been fully replenished. According to Binance's third security update, released just minutes ago, the coverage rate for losses resulting from the attack has increased from 80 percent in the previous announcement to 90 percent.

This is an excerpt. The reporting belongs to Bitcoin Sistemi.

Read the full report on en.bitcoinsistemi.com
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