Bitcoin withdrawals have resumed on Binance, Reuters reports, while other assets will follow in phases. Binance says company-funded replacement purchases have covered 95% of the $6.3 billion stolen; the remaining 5% involves less-liquid tokens that may take longer to source. Restored bitcoin access is a step beyond the earlier restart plan, but it does not establish that all withdrawals are available.
Related currencies / asset groups: crypto
Reuters reports that Binance resumed bitcoin withdrawals on Sunday and said other assets would follow in phases.
www.streetinsider.comBinance says company-funded purchases of replacement tokens have covered 95% of the $6.3 billion stolen.
www.streetinsider.comBinance says the remaining 5% consists of less-liquid tokens that may take longer to source.
www.streetinsider.comLimitation: bitcoin withdrawals have resumed, while the wider withdrawal rollout and replacement of less-liquid tokens remain incomplete.
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