Binance said it replenished 90% of the $6.3 billion lost in the hack, with BTC, ETH and SOL among fully backed assets. This materially reduces counterparty and contagion risk and supports confidence in exchange solvency and crypto market stability, though the remaining 10% and hack-related uncertainty keep the situation from being fully normalized.
AI Insight · BTC/USDTAI Insight
▲ Bullish
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Ten cryptocurrencies are now fully backed by reserves. The group includes BTC, ETH and SOL.