According to Cointelegraph, Binance has stated that approximately 90 percent of the digital assets taken in a recent hack have been restored. The exchange explained that less-liquid tokens remain among the outstanding shortfall. To address this gap, Binance is conducting market purchases as well as over‑the‑counter trades to acquire replacement assets. In addition, Binance announced it will restrict withdrawal capabilities for users until Sunday.
The recovery effort focuses on replacing the portion of stolen funds that consists of tokens which are not easily convertible or traded in large volumes. By using both regular market activity and private over‑the‑counter channels, Binance aims to rebuild the depleted reserve level. The temporary withdrawal limit is intended to allow continued monitoring of the replenishment process and ensure stability during the recovery phase.
