CNA · 2026-10-31 15:42 UTC

Binance replenishes 90% of assets stolen in security incident

Binance covered 90% of $6.3 billion stolen in a security breach, with the remaining 10% consisting of less liquid tokens. The exchange set aside $6.34 billion in company funds and deployed part of its $1 billion SAFU reserve to cover losses. Co-CEO Richard Teng described the attack as complex, involving a compromised laptop and malware designed to delete evidence; withdrawal services expected to resume November 1.

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