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Binance to fully resume withdrawals next week after covering 95% of $6.3B theft

Binance expects to fully resume withdrawals by next week, having already restored partial service this month after covering 95% of the $6.3 billion in tokens stolen from its platform. The remaining 5% of losses remain uncovered, and the timeline for full resumption is a company estimate. This signals a recovery from a major security breach, but the incident's impact on market confidence and regulatory scrutiny persists.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works

InfoMoneyabout 15 hours agoUSCredibility 45%View source

Score Breakdown

Mosaic Score5.0
Model confidence0.5
Significance0.5
Source credibility0.5

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