Binance Secures $6.34B to Cover Losses From Historic Crypto Hack
October 30, 2026 · 12:30 PM

Through its social media channels, Binance announced it had already reserved over $6.34 billion in company funds to cover losses from the hack suffered on Thursday, with $5 billion held in the tokens impacted, while other purchases are being completed. Binance Prepares to Restart Normal Operations Binance, the largest cryptocurrency exchange, is preparing to resume […]
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