[Evening News Briefing] Binance to Compensate 95% of Losses, Resume Withdrawals, and More

Binance said it has covered 95% of the losses from its recent hack, putting the compensation amount at $6 billion (roughly 8.01 trillion won), with remaining affected assets being purchased through the market and over-the-counter channels; the figure represents assets set aside to cover the shortfall rather than recovered stolen funds. BlockBeats reported that withdrawals of bitcoin (BTC), ether (ETH) and BNB would resume in stages from 3 p.m. Korea time on the 1st. Separately, an Ethereum Foundation researcher published a draft EIP proposing quantum-resistant data verification and variable blob sizes. The compensation progress and phased withdrawal resumption mark a key step toward normalizing operations after the breach, and markets will be watching whether withdrawals proceed smoothly and how the remaining asset purchases affect liquidity.