Content overview: “Binance Restores 90% of Stolen Assets After $570M Hack, Withdrawals Resume Sunday”. Binance has replenished 90% of the assets stolen in last week's $570 million hack, the exchange said, as it rushes to restore full services. The shortfall is concentrated in less-liquid tokens, which are harder to buy back quickly without moving prices. Binance is sourcing replacements through both Binance is sourcing replacements through both open-market and over-the-counter trades, a process that may take additional time for certain altcoins.
The hack, which targeted its BNB Chain, forced a temporary halt to deposits and withdrawals. The exchange aims to resume full withdrawals by Sunday, though some tokens may face delays. The incident underscores the security risks in decentralized finance and the challenges of covering losses in illiquid markets. Investors are watching whether Binance's rapid response will shore up confidence in the world's largest crypto exchange. This listing links straight to the original page, where the content is available in full.