Binance CEO Announces 90% Recovery of Stolen Crypto Assets
Following a record-breaking $6.3 billion cryptocurrency heist, Binance has announced that it has successfully replenished 90% of the stolen funds. The company's leadership confirmed they intend to cover the remaining 10%, which consists primarily of less liquid tokens that may require more time to acquire. While user withdrawals are currently paused due to the incident, Binance expects to resume services by Sunday, November 1, 2026. The exchange has committed to fully absorbing the financial impact of the theft and promised transparent reporting as they work toward restoring full functionality.
Coverage
- Binance users pull $3.64B from exchange after biggest crypto heist
- Binance Resumes Phased Withdrawals After $6.3 Billion Cryptocurrency Breach
- Binance to Resume Cryptocurrency Withdrawals Following $6.3 Billion Cyberattack
- Binance CEO Announces 90% Recovery of Stolen Crypto Assets
- Binance Recovers 90% of Assets Following Cyberattack