COINDESK · 2026-10-31 15:26 UTC

Binance says it has replaced 90% of stolen crypto after massive $6.3 billion breach

Binance has replenished 90% of the $6.3 billion in cryptocurrency stolen in a Thursday hack, up from 80% previously, with customer holdings of major tokens now fully backed. The exchange set aside over $6.34 billion in company funds to cover the breach and committed to absorbing the financial impact rather than passing losses to users. Investigators found multiple breach points beyond an initially suspected compromised employee laptop; blockchain analytics firms attribute the attack to North Korea-linked group TraderTraitor.

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