TechFlow news, on August 8, according to Binance's official blog, as of July 31, 2024, Binance's security team has recovered or frozen over $73 million in user funds stolen externally this year, surpassing the $55 million recovered in 2023. This achievement is attributed to Binance's active collaboration with industry participants and public sector partners, with approximately 80% of the recovered funds related to external hacking incidents, exploits, and thefts.
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