Binance Says It Has Covered About 95% of Theft-Related Losses

Binance says it has covered about 95% of the amount affected by a theft, with the remaining assets still being sourced, leaving a small share of affected holdings outstanding. The exchange said Nov. 1 that the covered share had risen from 90% in its prior update. The remaining roughly 5% consists of tokens outside its 10 largest assets. Binance is obtaining those tokens through market purchases and over-the-counter (OTC) trades, but says low liquidity means acquiring the required amounts will take longer.