Back to all news
Web3

Binance Lacks Cyber Insurance After $6.3 Billion Theft

TokenPost·November 3, 2026·1 min read
Binance Lacks Cyber Insurance After $6.3 Billion Theft

Binance lacks cyber insurance after a $6.3 billion theft, with other policies covering only a small share of losses. The exchange said asset replenishment will draw on SAFU, its futures insurance fund, and company resources. The incident highlights gaps in crypto exchange insurance coverage.

Read at TokenPost
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store