BINANCE: Security Incident | Recovery Update #3: 90% of Stolen Assets Replenished; Proof of Reserves Snapshot Provided (2026-10-31)
BINANCE: Security Incident | Recovery Update #3: 90% of Stolen Assets Replenished; Proof of Reserves Snapshot Provided (2026-10-31) [Summary AI]: - Binance covers 90% of hacked losses with $6.34B reserve; BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, ZEC fully backed 100% - Binance has allocated over $6.34B in company funds to cover hacked losses, currently covering 90% of the impacted amount. Top ten assets (BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, ZEC) are 100% backed. The remaining 10% consists of less liquid tokens being acquired via market and OTC channels. Replenishment sou…
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