Binance: Security incident

The exchange said it set aside more than $6.34 billion to cover losses and would include the assets in its next proof-of-reserves report.

Evidence boundary

Confidence describes the coverage of the available evidence. It is not a safety rating and does not guarantee that a protocol or asset is safe.

Sources

• https://cointelegraph.com/news/binance-5-billion-replacement-crypto-in-custody
• https://thedefiant.io/news/hacks/binance-says-it-has-reserved-over-6-34-billion-to-cover-hack-losses

Record history

First seen: 2026-10-30T11:02:14.000Z. Last updated: 2026-10-30T13:28:48.570Z. Revision: 1.