Binance Replenishes 90% of Assets Stolen in Cyber Breach

The crypto exchange announced it is on track to resume withdrawals on November 1 after recovering most of the assets stolen in the security breach.

Crypto exchange Binance has replenished approximately 90% of the assets stolen in the major security incident that impacted its operations, as reported by The Jerusalem Post and Danish broadcaster DR. The recovery comes in the wake of the massive cyber heist that shook the digital currency market.

The company stated that it remains on track with its previously announced timeframe and plans to resume customer withdrawal services on Sunday, November 1. Further details regarding how the assets were recovered have not yet been released.