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Binance has released an initial report on a security incident from October 29, affecting approximately $6.3 billion in assets. The company has taken financial responsibility for the stolen funds, ensuring users are not impacted. As of November 3, 98% of the affected tokens have been recovered. Binance has implemented immediate measures to enhance security, including closing exploited access points and strengthening risk controls. They are also working with independent security firms for further analysis.
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