Security
Binance Says It Has Reserved Over $6.34 Billion to Cover Hack Losses
The Defiant·October 30, 2026·1 min read
Binance said it has reserved over $6.34 billion to cover hack losses, with $5 billion already held in the affected tokens. Withdrawals remain paused during a security overhaul. The exchange aims to reassure users of its financial capacity to handle the breach's impact.
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