Binance Recovers 90% of Assets and Resumes Withdrawals

Binance has recovered 90% of the stolen assets using its own reserves. The company has assumed all financial losses, not passing them on to users.

Ten major cryptocurrencies are fully backed at 100%. This list includes BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC.

The remaining 10% consists of less liquid tokens. The exchange continues buying them back on the market to fully restore the balance.

Full cryptographic proof of client fund backing is expected by November 3. This ensures transparency and security of deposits.

Withdrawals will resume on November 1 after security checks are completed. Operators have finished the main work to secure the platform.