News · Cryptocurrency & Blockchain
Binance arranges $6.34 billion to cover losses from record crypto hack

Binance said it reserved its own funds to cover the $6.3 billion hack, including freezes of roughly $3 billion in stolen assets.
This is a short summary of a report by a third-party publisher. Newsline Press did not produce the original reporting.
Read the full story at CoinDeskOriginal publisher: CoinDesk
This content is for information only and is not investment advice. See our disclaimers.
Spotted an error? Request a correction · Corrections Policy
Related stories

Binance working with FBI to recover assets following $6.3B hack
Binance is working with law enforcement to recover $3 billion that is frozen, after setting aside more than $6.3 billion from the company’s funds to cover the shortfall.
Cointelegraph ·
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
The world's biggest cryptocurrency exchange reported Thursday that approximately $6.3 billion was impacted in an apparent hack.
NPR ·

Binance says it holds $5B in matching tokens to cover hack losses
The exchange said it set aside more than $6.34 billion to cover losses and would include the assets in its next proof-of-reserves report.
Cointelegraph ·
Binance says $6.3bn stolen in biggest crypto heist in history: What we know
The world’s largest crypto exchange halts withdrawals as the theft is linked to North Korean hackers.
Al Jazeera ·

Here's how big bitcoin traders responded after the Binance hack hit
Your day-ahead look for Oct. 30, 2026
CoinDesk ·

Zcash grants group offers $124M compromise as governance backlash grows
Zcash Community Grants proposed redirecting about $124 million in existing and future funding toward mining rewards, but critics say the plan fails to address governance and accountability concerns.
Cointelegraph ·