Binance says it has restored backing for about 90% of the $6.3 billion stolen in the recent hack and plans to reopen withdrawals after security checks.

The world’s largest crypto exchange announced that it has restored backing for roughly 90% of the token assets taken in the record $6.3 billion hack of its hot wallets. While the funds have not been recovered from the attacker, Binance has used its Secure Asset Fund for Users (SAFU), a slice of its futures insurance pool and corporate treasury to replace the missing assets.

How the coverage is being funded

• SAFU and part of the futures insurance fund are being tapped
• Corporate treasury supplies additional liquidity
• The exchange continues to buy the remaining tokens on‑ and off‑exchange to reach full coverage

Tokens fully backed and remaining gaps

• BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC are now 100% covered
• The outstanding 10% consists of lower‑liquidity tokens outside the top ten
• Binance expects sourcing these assets will take longer

What traders are watching next

• Confirmation that withdrawals resume on Sunday after security checks
• Further updates on the investigation into the breach, including the role of a compromised DevOps environment
• Potential market impact as Binance continues to purchase remaining tokens through OTC channels

Related news

• FBI confirms north korea's role in $6 billion binance hack, asks defi community to block btc, eth, sol addresses
• Market overview – 1 November 2026
• Evening market overview shows crypto turmoil and tech stock pressure
• Binance record hack fuels political commentary ahead of elections

More from ITF

• Copy verified traders with ITF Copy Trading

This article is compiled from international market news for information only. It is not investment advice.