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Crypto Regulation

Binance Completes 98% Backfill of Stolen Assets; Coinbase Says Unaffected

Binance has completed a 98% backfill of assets stolen in a hot wallet incident and expanded its proof-of-reserves snapshot to 44 tokens, the exchange said. Coinbase stated it was unaffected by the Binance hot wallet event and that more than 99% of customer assets are held in cold storage. France’s National Assembly passed an amendment requiring declaration of self-custodied crypto assets above €100,000.

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