Binance replenished 90% of stolen asset shortfall with top-10 tokens now 100% reserve-backed; withdrawals resume November 1.
Regulation & Gov ·
Binance has replenished 90% of a stolen asset shortfall, with its top ten tokens now holding 100% reserve backing, according to wublockchain.xyz. The exchange funded the recovery through a partial SAFU deployment, reallocation from its Futures Insurance Fund, and corporate treasury contributions, and intends to restore the SAFU to approximately $1 billion. Withdrawal services are scheduled to resume November 1 as previously planned.