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BINANCE RESERVES OVER $6.34B IN COMPANY FUNDS TO COVER HACK! @binance says it has reserved more than $6.34B of company funds to cover the incident. $5B of that is already held in…

Crypto Banter
Published: 2026-10-30 11:01 UTC
Collected: 2026-10-30 14:18 UTC
Original language: Not supplied by source
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🚨BINANCE RESERVES OVER $6.34B IN COMPANY FUNDS TO COVER HACK! @binance says it has reserved more than $6.34B of company funds to cover the incident. $5B of that is already held in the exact token a…

🚨BINANCE RESERVES OVER $6.34B IN COMPANY FUNDS TO COVER HACK! @binance says it has reserved more than $6.34B of company funds to cover the incident. $5B of that is already held in the exact token assets that were impacted, with the rest being purchased through market and OTC channels. These figures do not include frozen assets. Currently $3B has been frozen with the help of industry partners. Binance says it will continue to cover confirmed shortfalls with company resources and that all user funds will ultimately be verified through Proof of Reserves.

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