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Changpeng Zhao: Binance has allocated all funds, with 5% pending conversion to smaller coins

Changpeng Zhao: Binance has allocated all funds, with 5% pending conversion to smaller coins
Binance funds 5 percent conversion pending

Binance has fully allocated its funds, with only 5% remaining to be converted to some smaller coins, according to Changpeng Zhao. He indicated that the conversion process for this portion is taking additional time.

Zhao has previously flagged security incidents affecting major platforms. He reported data leaks involving Coinbase vendor Amplitude, Bithumb, and two Korean securities firms, exposing user contact information here. Earlier, Zhao urged caution after a supply chain attack was suspected to have impacted some Ledger hardware wallet buyers here.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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