CNBC · 2026-10-31 16:03 UTC

Binance says 90% of $6.3 billion hack losses are now covered, plans to resume withdrawals Sunday

Binance has covered 90% of the $6.3 billion stolen in Thursday's hack and plans to resume withdrawals by Sunday. All major tokens (BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, ZEC) are fully backed at 100%; remaining 10% consists of less liquid tokens. TRM Labs suggests North Korean hackers may be responsible, citing similarities to previous attacks including small Tornado Cash withdrawals and pre-staged access.

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