Binance Says 90% of Stolen Assets Restored, Eyes Sunday Withdrawals
Binance says it has replaced 90% of the assets that were stolen, and it is aiming to resume withdrawals on Sunday. Less-liquid tokens are covering the remaining gap as the exchange keeps buying replacement assets through market and over-the-counter trades. For traders, the speed of this recovery could shape how safe users feel about holding funds on the exchange.
Why it matters
- Binance says about 90% of the stolen assets have already been replaced.
- Less-liquid tokens are making up the rest of the shortfall.
- Binance is still buying replacements through market and over-the-counter trades.
What to watch next
Watch whether Binance restarts withdrawals on Sunday as planned and how it fills the remaining shortfall.
