Crypto India
Crypto India|10月 31, 2026 05:40
Binance says it will fully cover the $6.3 billion stolen in the security breach, ensuring users suffer no losses. Key updates: Binance has set aside $6.34 billion, including $5 billion held in the exact stolen tokens, covering around 80% of the losses. The remaining 20% is being purchased through market and OTC channels. Around $3 billion in stolen assets has been frozen on-chain. Binance says it has found no evidence that wallet private keys were leaked. Withdrawals remain temporarily suspended, with a phased resumption targeted within approximately 34 hours. Binance plans to publish a new Proof of Reserves report by November 2. A detailed technical post-mortem report will follow. Binance says it will absorb all losses through its SAFU fund and corporate treasury, not pass them on to users.
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