Latest Update
2026-11-03 08:51 UTC

Binance: 98% of Impacted Assets Restored

Binance: 98% of Impacted Assets Restored

Binance Co-CEO Richard Teng told Fox Business that 98% of impacted assets have been restored through Proof of Reserves, with user funds remaining safe as the exchange absorbs the financial impact.

Source

Analysis

Binance Co-CEO Richard Teng told Fox Business that the platform is operating normally and has restored 98% of impacted assets, a figure fully verifiable through its Proof of Reserves. User funds remain safe while Binance absorbs the financial impact itself.

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