UPDATE: Binance says it has reserved over $6.34 Billion to cover hack losses, with $5 Billion held in affected tokens and another $3…

First reported Oct 30, 2026, 11:16 UTC

Source reports

UPDATE: Binance says it has reserved over $6.34 Billion to cover hack losses, with $5 Billion held in affected tokens and another $3 Billion in frozen assets. Recovery efforts are underway! — @conorfkenny (X), Oct 30, 2026, 11:16 UTC
UPDATE: Binance says it has reserved $6.34B to cover the incident and has begun recovering affected assets for users. The remaining shortfall is being bought through market and OTC channels. — @CoinMarketCap (X), Oct 30, 2026, 11:16 UTC
바이낸스 해킹 피해 복구 시작 탈취 및 영향 받은 6.34B 회사 자금을 할당 5B은 이미 영향 받은 토큰 자산으로 보유함. 시장 채널과 OTC 채널을 통해 남은 금액의 토큰 자산을 구매할 예정 3B의 자산이 동결됐지만 이를 법 진행 기관과 협력해 신속하게 회복하겠음. 링크 — Korean Alpha EN, Oct 30, 2026, 11:35 UTC
“Binance has already reserved over $6.34B of company funds to cover this incident... We are completing the purchase of the remaining amount by buying token assets through market channels and OTC channels. We are doing this to match the format of the remaining” — @CryptoKaleo (X), Oct 30, 2026, 12:16 UTC
UPDATE: @Binance reserves $6.34B in company funds to cover all hack losses, with $5B already held in matching token assets and the rest being bought via OTC and market purchases, as the exchange works with the FBI and Secret Service to trace the remaining $3.3B in unrecovered… — @CoinDesk (X), Oct 30, 2026, 17:06 UTC

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