Binance reserves $6.3B to cover losses from biggest-ever crypto hack

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Binance has pledged to spend more than $6.3 billion from its own funds to compensate users affected by the record theft that occurred on Thursday. Of that amount, $5 billion was already held in the affected assets, while the remainder is being acquired through open-market and over-the-counter purchases. The platform says $3 billion in stolen assets have been frozen with help from industry partners, separate from the funds reserved for compensation. Its SAFU emergency fund, launched in 2018, held approximately $1 billion in crypto assets as of February 2026. Binance says its resources will cover any confirmed shortfall and that all user funds will eventually be publicly verified through its proof of reserves.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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