CNA · 2026-10-30 16:58 UTC

Binance sets aside over $6.34 billion to cover losses from attack

Binance was attacked by hackers who stole $6.3 billion from the crypto platform. Binance has reserved over $6.34 billion in company funds to cover losses, including $5 billion in impacted token assets. The exchange says $3 billion in assets has been frozen with help from industry partners, and user funds will be verified through proof of reserves.

Loading the story on Tree News…