Exchanges1 source
Binance says thinly traded tokens are delaying full replacement of stolen assets
Headline from CryptoSlate
Key points
- Cryptocurrency exchange Binance explained that its remaining five percent asset replenishment gap is primarily due to thinly traded, less-liquid tokens.
- The platform experienced an asset theft and is working toward fully replacing the stolen funds.
- In addition, Binance initiated a withdrawal plan on November 3 designed to progressively reopen asset movement routes for users.
Summarized automatically by Kryptokite from reporting by CryptoSlate. Read the original sources for full detail.
Sources
- CryptoSlateBinance says thinly traded tokens are delaying full replacement of stolen assets · 2 hours agoRead on CryptoSlate
Story timeline
- NewsBTC1 min read
FBI Attributes Binance Heist to TraderTraitor and Urges Crypto Infrastructure Vigilance
- Unchained1 min read
Liquid’s Bitcoin Reserves Fully Back Its Tokens Again as Board Member Points to Blockstream
- U.Today1 min read
Tesla, Amazon Deal Fresh Blow to OKX Tokenization Push
- The Defiant1 min read
What Are Euro Stablecoins? EURC, EURR and Redemption Explained
- Decrypt1 min read
Brazil's Biggest Bitcoin Exchange Says It Will Refund Users After a $40 Million Hack
Share
Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.