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via seekingalpha.comTech & AI

Binance restores 90% of hacked crypto assets; withdrawals due by Sunday

FROM THE WIRE · SEEKINGALPHA.COM

[Cryptocurrency coins on banknote background] BackyardProduction/iStock Editorial via Getty Images Binance said on Saturday that it has covered 90% of cryptocurrency assets affected by a massive cyberattack this week, and the company remains on track to resume withdrawals by…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA security breach at a major crypto exchange can affect sentiment across the crypto sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Binance says it has covered 90% of crypto assets affected by this week's cyberattack.
  2. 02The remaining 10% are less liquid tokens, so replenishing them will take longer.
  3. 03Withdrawals remain on track to resume by Sunday, within the previously stated timeline.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Coinbase Global, Inc.COINStock143.54 USDMarket closedtoday -10.62%Neutral BitcoinBTCUSDCrypto77,559.45 USD-0.08%today +0.47%Neutral EthereumETHUSDCrypto2,257.00 USD+0.21%today +0.71%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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