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Binance says it has $6.34 billion ready to cover hack losses

Publisher
The Block (News media)
Original
https://www.theblock.co/news/ecosystems/2026-10-30-binance-says-it-has-6-34-billion-ready-to-cover-hack-losses-432208
Published
First seen
Last captured
Watched for edits
No

Capture history

Newest first. The raw hash is the SHA-256 of the stored copy exactly as fetched. The text hash is of the text extracted from it, which is what is compared between captures.

Captured (UTC)Fetched viaHTTPRaw sha256Text sha256Text changed
firecrawl-web08200d892267152b6169ac7e97175677f9fae625bf93e645367504bb448aaf4ca071c3a88bc11843d0c1c37f1cff284702d2a6a69ea38de95682aecc1b4581a5e33ffNo

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Claims quoted from this source

ReportedrecoveryClaim 203

The Block reported that Binance said it had reserved over $6.34 billion in company funds to offset its losses.

Binance said it has reserved over $6.34 billion in company funds to offset losses it suffered in a recent breach.

Speaker
Binance
Publisher
The Block (News media)
Original
Binance says it has $6.34 billion ready to cover hack losses
Captured
Archived copy
sha256 d892267152b6
Published
ReportedfreezeClaim 204

The Block reported that Binance co-CEO Yi He said Ripple promptly froze roughly $200 million in associated funds; TRM reports a 40.5M RLUSD freeze; the sources do not say whether the figures measure the same thing.

Ripple "promptly" froze roughly $200 million in associated funds, co-CEO Yi He [said]

Speaker
Yi He
Publisher
The Block (News media)
Original
Binance says it has $6.34 billion ready to cover hack losses
Captured
Archived copy
sha256 d892267152b6
Published

Reviewer note: TRM, by contrast, confirmed a 40.5 million RLUSD freeze on-chain.