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Binance says low liquidity slows replacement of stolen assets

Binance says low liquidity slows replacement of stolen assets

Photo: The Currency Analytics

Community Trust Score Verified 89 % Real Verified 19 votes Updated 5 minutes ago Binance stated in its November 2 recovery update that less-liquid tokens are slowing the replacement of stolen assets, leaving approximately 5% of the impacted amount outstanding. The exchange reported a 95% replenishment figure on November 1 and repeated that metric on November 2, attributing the remaining gap to assets that are harder to source in required quantities. A new withdrawal phase was scheduled to begin at 04:00 UTC on November 3.

Source: The Currency Analytics

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