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Binance Refills 90% of $6.3 Billion Stolen Crypto, Sets Sunday Withdrawal Restart — BigGo Finance

Binance Refills 90% of $6.3 Billion Stolen Crypto, Sets Sunday Withdrawal Restart — BigGo Finance

Binance said it has replaced 90% of the digital assets drained in last week’s $6.3 billion breach, up from roughly 80% in an earlier update, and plans to let customers withdraw again on Sunday, Nov. 1. The exchange said balances in bitcoin, ether, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC are now fully backed.

The remaining 10% involves thinner-traded tokens that are harder to source in the quantities required. Binance said it is buying them in public markets and through over-the-counter trades with help from industry partners. A portion of the roughly $3 billion in stolen assets that partners have frozen sits outside the exchange’s own replacement effort.

“Binance will absorb the financial impact of these stolen funds, not our…

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