‘Binance will absorb impact, not users’: Crypto giant sets aside $6.34 bn to cover losses

What it is about

Who published it, and when

How it spread - 14 original reports

1. Sat, 31 October 2026

   11 reports
   • Times of India10:39first to report
     ‘Binance will absorb impact, not users’: Crypto giant sets aside $6.34 bn to cover losses

     Binance has encountered a serious security breach, with $6.3 billion in digital assets being stolen. To safeguard its users, the exchange will utilize its Secure Asset Fund for Users to absorb the losses. Collaborating with law enforcement, approximately $3 billion in stolen cryptocurrency has been successfully frozen across multiple blockchains.

   • Times of India14:57
     Binance replenishes 90% of stolen crypto, says it will absorb financial losses

     In a commendable move, Binance has restored 90 percent of the cryptocurrency assets lost due to a recent security breach. The exchange has pledged to handle the financial repercussions internally, ensuring customers are unaffected. Withdrawals are set to resume on Sunday, November 1, as Binance reinforces its commitment to transparency regarding its reserves.

   • Channel News Asia14:59
     Binance says it has covered 90% of losses from $6.3 billion hack so far
   • Channel News Asia14:59
     Binance replenishes 90% of assets stolen in security incident
   • Channel News Asia14:59
     Binance says 90% of stolen assets replenished
   • N1 Info (Croatia)15:17
     Ukradeno više od šest milijardi dolara u kriptovalutama, Binance objavio koliko je uspio vratiti

     Oko 90 posto ukradene kriptovalute nakon hakerskog napada na jednu od najvećih svjetskih platformi za trgovanje digitalnom imovinom ponovno je osigura

   • Index.hr (Croatia)17:06
     Binance nadoknadio 90% ukradenih 6.3 milijarde dolara

     BINANCE je priopćio da je za pokrivanje gubitaka izdvojio više od 6.34 milijarde dolara vlastitih sredstava.

   • 24sata (Croatia)17:45
     Binance uspješno pokrio 90 posto štete nakon hakerske pljačke od 6,3 milijarde dolara

     Burza kriptovaluta Binance najavila je da će pokriti većinu gubitaka nastalih u hakerskom napadu, vraćajući korisnicima 90 posto od ukradenih 6,3 milijarde dolara, dok se preostalih 10 posto planira nadoknaditi kasnije.

   • Google News - Top Stories18:40
     Binance CEO says 90 percent of stolen assets have been ‘replenished’

     Binance CEO says 90 percent of stolen assets have been ‘replenished’ The Verge See more headlines & perspectives on Google News

   • The Hill19:08
     Binance recovers 90 percent of stolen assets from hack

     Cryptocurrency exchange Binance said Saturday that it was able to replenish 90 percent of the stolen assets ‌after a $6.3 billion hack of its platform. On Thursday, the money started moving out of Binance wallets, prompting the company to suspend all deposits and withdrawals. Some cryptocurrency firms froze around $3 billion in assets in connection...

   • Channel News Asia21:01
     Binance says has covered 90% of US$6.3 billion hack losses

     Binance uses company funds to replace 90% of the US$6.3 billion stolen in a hack and says user withdrawals stay on track to resume Sunday.

2. Sun, 1 November 2026

   3 reports
   • Anadolu Agency (AA)00:24
     Binance says it covered 90% of losses in cyberattack

     Company says remaining 10% consisted of lower-liquidity tokens

   • lufkindailynews.com02:15
     Binance says it has covered 90% of losses from $6.3 billion hack

     Oct 31 (Reuters) - Crypto exchange Binance said on Saturday it has been able to replace 90% of the amount stolen after a record $6.3 billion hack of its platform

   • ANSA (Italy)07:31
     Binance annuncia che è ripresa l'attività dopo il mega-hackeraggio

     'I primi prelievi disponibili da Bitcoin'