Binance says it has covered 90% of losses from $6.3 billion hack so far

Binance says it has covered 90% of losses from $6.3 billion hack so far — Live Feedhttps://www.live-feeds.com/feed/binance-says-it-has-covered-90-of-losses-from-6-3-billion-hack-so-farContinuously updated, source-cited coverage. Binance replaces 90% of assets after $6.3 billion hackhttps://www.live-feeds.com/feed/binance-says-it-has-covered-90-of-losses-from-6-3-billion-hack-so-farhttps://www.live-feeds.com/feed/binance-says-it-has-covered-90-of-losses-from-6-3-billion-hack-so-far#u178640Thu, 05 Nov 2026 20:41:35 +0000Binance has replenished 90% of the $6.3 billion stolen in a record cyberattack by using corporate treasury funds, insurance, and SAFU reserves to buy new tokens. The exchange has resumed phased withdrawals, stating that major token balances are fully backed. The remaining 10% of losses involve less liquid tokens that require more time to replace. The FBI has attributed the heist to TraderTraitor, a state-sponsored group from North Korea, who reportedly stole the funds in 20 minutes.Why it mattersThis event represents the largest heist in cryptocurrency history. It highlights vulnerabilities in