Binance Announces Recovery of 90% Stolen Assets, Users Not

Binance has replenished 90% of stolen assets, assuring users of their security. Here's why this matters for trust in crypto. Binance has announced that it has successfully replenished 90% of the assets stolen in a recent security incident. The CEO, Richard Teng, confirmed the exchange’s commitment to covering the remaining 10%, ensuring that users will not suffer financial losses. As withdrawals are set to resume on November 1, this move is critical in restoring user confidence in the platform. For further details, refer to Teng’s official tweet .