Update: Binance Co-CEO Yi He says that the affected assets represent only ~2% of total user assets and public reserves, and that user holdings will remain fully backed up. She also clarified that most of Binance's reserves are already matched with the affected tokens, with only a small amount left to source.

Update: Binance Co-CEO Yi He says that the affected assets represent only ~2% of total user assets and public reserves, and that user holdings will remain fully backed up. She also clarified that most of Binance's reserves are already matched with the affected tokens, with only a small amount left to source.