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Binance Reserves Over $6.34B in Company Funds to Cover Hack Losses, Including $5B in Affected Tokens Binance said it has reserved over $6.34 billion in company funds to cover…

Wu Blockchain
Published: 2026-10-30 11:07 UTC
Collected: 2026-10-30 11:56 UTC
Original language: Not supplied by source
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Binance Reserves Over $6.34B in Company Funds to Cover Hack Losses, Including $5B in Affected Tokens Binance said it has reserved over $6.34 billion in company funds to cover losses from the hack, including $5 billion already held in the affected tokens. It is purchasing the remaining tokens through market and OTC channels, a process that may take longer due to limited liquidity. The reserved funds are separate from approximately $3 billion in frozen assets. Binance will publicly verify user assets through its Proof of Reserves.

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