Binance says $6.34 billion hack recovery came entirely from its own balance sheet
Photo: Crypto Briefing
The exchange says it covered user losses without borrowing, selling assets, or raising outside money, with ten assets already fully backed Binance says it has covered the user losses from a major security breach without borrowing a cent, selling assets, or raising money from outside investors. The money came from the exchange’s own balance sheet. On October 31, 2026, Binance disclosed that it had allocated US$6.34 billion from its corporate treasury to replenish user funds after the breach. The exchange told users they would not suffer losses. According to the disclosure, the replenishment drew on three internal sources.
Source: Crypto Briefing
