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Binance Replenishes 98% of Funds Affected by Hack, Expands Proof-of-Reserves Coverage to 44 Tokens

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Minseung Kang

Summary

  • Binance said it has replenished 98% of the funds affected by the recent hack.
  • Cointelegraph reported on X, formerly Twitter, that Binance had restored 98% of the impacted funds.
  • Binance said it expanded the scope of its Proof of Reserves disclosure of customer asset holdings to 44 tokens from 10.

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Photo: Shutterstock
Photo: Shutterstock

Binance said it has replenished 98% of the funds affected by the recent hack.

Cointelegraph reported on November 6 via X, formerly known as Twitter, that Binance had restored 98% of the impacted funds.

Binance also said it had expanded the scope of its Proof of Reserves, which discloses customer asset holdings, to 44 tokens from 10.

#Proof of Reserves
#Crypto Security
Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

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