Binance says 90% of stolen assets replenished, targets Sunday withdrawals
Summary
Cryptocurrency exchange Binance reports that nine out of ten stolen digital assets have been successfully replaced. The remaining gap consists of less-liquid tokens, which the platform is currently acquiring through open market and over-the-counter transactions. Normal withdrawal services are scheduled to resume by Sunday.
Less-liquid tokens make up the remaining shortfall as Binance continues buying replacement assets through market and over-the-counter trades.
Source: Read the full story at Cointelegraph.com News
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.