Binance, one of the largest cryptocurrency exchanges by volume, announced that it recovered stolen user funds from external parties through proactive efforts.
Binance secured over $73 million worth of stolen crypto from external parties this year. The exchange surpassed $55 million secured in 2023, per an official announcement. Crypto continues to rebound with total market capitalization back above $2.154 trillion and the top 30 cryptos beginning a recovery. BNB rallies 5%, hovers around $500 early on Thursday. The exchange continues the practice year after year, and nearly 80% of funds lost to external exploits make their way back to users.
BNB/USDT daily chart BNB could find support in the Fair Value Gap between $434 and $462 as well. BNB could collect liquidity in this imbalance zone and rally toward its target thereafter. Bitcoin, altcoins, stablecoins FAQs What is Bitcoin? Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money.
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