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Binance says its crypto asset recovery covers 90% of affected assets

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The Cryptonomist BTCUSDTUSDC

Binance said its crypto asset recovery covers about 90% of assets affected by a roughly $6.3 billion breach, and expects withdrawals to resume by Sunday. Around $3 billion of the stolen crypto was reportedly frozen on-chain, with Circle and Tether moving to freeze funds. Traders will watch whether withdrawal resumption goes smoothly.

Read the full story on The Cryptonomist

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