In a statement, the company said it had increased the coverage rate from approximately 80% and was continuing to purchase the remaining affected tokens through cryptocurrency markets and over-the-counter (OTC) transactions, Anadolu Agency reported.
Binance said losses involving Bitcoin, Ethereum, Tether, BNB, Solana, USD Coin, XRP, USD1, RLUSD and Zcash had been fully covered. The remaining 10% of losses involved tokens with lower liquidity, excluding those 10 assets, according to the company.
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The exchange pledged to continue buying the affected tokens until coverage reached 100% across all assets, stressing that the company, rather than its users, would bear the financial impact of the stolen funds.
Binance also said its next priority was to restore withdrawal services and that it remained on track to resume withdrawals on Nov. 1, in line with its previously announced schedule.
The company announced a new proof-of-reserves snapshot, allowing users to independently verify that their assets were backed at a minimum one-to-one ratio following the generation of a zero-knowledge proof.
Binance said on Thursday that it was investigating reports of a potential security issue and assured users that their funds were safe.
In a statement on Saturday, the exchange estimated the scale of the security breach at $6.3 billion and said approximately $3 billion in assets had been frozen.
