Binance resumed withdrawals after a $6.3 billion hack with 90% of stolen assets covered.
Context
What happened: Binance said it has restored backing for 90% of assets affected by its $6.3 billion hack and plans to resume withdrawals, subject to security checks.
Key numbers: 90% of affected assets restored; $6.3 billion in hack losses.
Why it matters: The restoration of backing and planned resumption of withdrawals, pending security checks, mark progress toward normal operations after the hack.
Coverage: 8 outlets in 24h
Why it matters
The restoration of backing and planned resumption of withdrawals, pending security checks, mark progress toward normal operations after the hack.