Bitcoin News(@BitcoinNewsCom):BINANCE SAYS 90% OF $6.34 BILLION HACK LOSSES NOW COVERED, WITH WITHDRAWALS SET TO RESUME SUNDAY Binance says it has restored backing for 90% of assets stolen in Thursday's hack, using its corporate treasury, SAFU emergency reserves, and Futures insurance fund. BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC are now fully backed 1:1, according to the exchange. The remaining 10% consists of less liquid tokens that Binance is still purchasing through market and OTC channels. Binance also committed to replenishing its SAFU fund to approximately $1 billion and expects to publish its full cryptographic Proof of Reserves by November 3. Withdrawals remain on track to resume Sunday, November 1.

2026.10.31 14:53

BINANCE SAYS 90% OF $6.34 BILLION HACK LOSSES NOW COVERED, WITH WITHDRAWALS SET TO RESUME SUNDAY Binance says it has restored backing for 90% of assets stolen in Thursday's hack, using its corporate treasury, SAFU emergency reserves, and Futures insurance fund. BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC are now fully backed 1:1, according to the exchange. The remaining 10% consists of less liquid tokens that Binance is still purchasing through market and OTC channels. Binance also committed to replenishing its SAFU fund to approximately $1 billion and expects to publish its full cryptographic Proof of Reserves by November 3. Withdrawals remain on track to resume Sunday, November 1.

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