Binance is preparing to restore withdrawals in phases after its $6.3 billion hack, with reopening dependent on security checks. The exchange committed company funds to replace stolen assets while investigators expanded their review of the breach. Withdrawals Face Security Checks Before Phased Restart Binance outlined a four-part hack recovery plan on Oct. 30 in its […]
The holder accumulated the tokens through Coinbase Prime and FalconX at an average cost of about $81 each.
ZEC gained 6.78% in 24 hours; short liquidations totaled $170,000 across three exchanges during the same one-hour period.
The protocol estimates losses at about $20,000, though the final amount has not been confirmed.
Binance is buying back stolen assets to complete its proof of reserves, and the deposit may be part of that effort.
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