⚡️ JUST IN: Binance says 90% of $6.3B in hack losses has been replenished, with 10 major assets fully backed.
➡️ BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC are reportedly 100% backed.
➡️ The remaining 10% consists of less liquid tokens still being acquired through market and OTC channels.
➡️ Replenishment draws on SAFU, the Futures insurance fund and corporate treasury.
A Proof of Reserves snapshot was taken on October 31. Zero-knowledge verification is expected by November 3. Withdrawals are scheduled to resume on November 1.
📈Crypto_whales