Binance Reports 90% of Stolen Funds Restored, Sets Sunday Payouts

Binance says it has restored 90% of the cryptocurrency assets it claims were stolen in its record $6.3 billion hack, up from 80% the day before. The exchange also says it is on track to restart withdrawals on Sunday, signaling that the recovery process is moving closer to full operational normalcy. In a statement provided to Cointelegraph , a Binance spokesperson said the exchange is using multiple internal funding sources to make customers whole: its corporate treasury, a partial deployment of the Secure Asset Fund for Users (SAFU), and part of its futures insurance fund.

Source: Crypto Breaking News