The Block(@TheBlockCo):THE BLOCK: Binance said it has reserved $6.34 billion in company funds to cover losses from the recent security incident. The exchange holds $5 billion in affected tokens and is acquiring the remainder through market and OTC channels. Recovery efforts continue with law enforcement and blockchain intelligence firms.

The Block

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The Block@TheBlockCo

2026.10.30 11:24

THE BLOCK: Binance said it has reserved $6.34 billion in company funds to cover losses from the recent security incident. The exchange holds $5 billion in affected tokens and is acquiring the remainder through market and OTC channels. Recovery efforts continue with law enforcement and blockchain intelligence firms.