Binance says 90% of hacked funds covered as withdrawal restart nears

The replenishment is being funded through Binance's SAFU emergency reserve, Futures insurance fund and corporate treasury. Binance has raised the proportion of stolen funds covered following its recent hack to 90%, compared with approximately 80% in its previous update, as it continues using company resources to compensate for the incident. The exchange on Saturday confirmed that 10 major crypto assets and stablecoins, including BTC, ETH, USDT, BNB , SOL, USDC , XRP , USD1 , RLUSD and ZEC, are fully backed at 100%.