Crypto · October 31, 2026
Binance says 90% of stolen assets replenished
The exchange utilized its corporate treasury, Secure Asset Fund for Users (SAFU), and portions of its Futures insurance fund to cover the losses. While withdrawals were initially suspended across the platform, Binance began restoring services in phases on Sunday, starting with the Bitcoin network, followed by the Ethereum and BNB Smart Chain networks. The FBI has officially attributed the theft to North Korean state-backed hackers, specifically identifying the Lazarus Group.
Read the original coverage
- ReutersWire
Binance says 90% of stolen assets replenished
Read at Reuters ↗ - BBCMainstream
Crypto firm Binance covers 90% of losses after $6.3bn hack
Read at BBC ↗ Binance Restores 90% of Stolen Crypto, Promises Withdrawals Soon
Read at Bloomberg ↗- The HillMainstream
Binance recovers 90 percent of stolen assets from hack
Read at The Hill ↗ - CointelegraphCrypto trade press
Binance says 90% of stolen assets replenished, targets Sunday withdrawals
Read at Cointelegraph ↗ - CNBCMainstream
Binance resumes withdrawals following $6.3 billion hack, says 90% of stolen user assets are covered
Read at CNBC ↗ - CoinDeskCrypto trade press
Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart
Read at CoinDesk ↗ - The VergeTrade
Binance CEO says 90 percent of stolen assets have been ‘replenished’
Read at The Verge ↗
Hype check
How the hype check worksConfirmed · 1
Backed by filings, on-chain data, official statements or several independent publishers.
- North Korea is responsible for the hack. (FBI)
Claimed · 2
Said by a company, project or person; not yet independently confirmed.
- The company will cover 100% of the losses. (Binance)
- Hackers erased evidence and bypassed security checks. (Richard Teng, Binance CEO)
Speculation · 1
Price talk, forecasts or unnamed sources, quoted as someone else's view.
- Two analytics firms say the Lazarus Group (TraderTraitor) is the likely culprit. (BBC)
Reported by multiple outlets
- Binance reports covering 90% of assets stolen in a recent hack.
- The theft occurred on Thursday.
- Binance plans to fully reimburse affected customers.
- Withdrawals were suspended following the exploit.
Reported by only some outlets
- Binance reported resuming withdrawals for Bitcoin, Ethereum, and BNB Smart Chain networks.
- Binance intends to publish its proof of reserves on Monday.
- The remaining 10% of stolen funds consist of 'less liquid' tokens.
- The FBI identified North Korea as the entity responsible for the theft.
- Binance used its corporate treasury, SAFU, and Futures insurance fund to replenish assets.
- Hackers allegedly erased evidence and bypassed security checks.
Industry-friendly coverage frames it as…
emphasize the exchange's transparency and its ability to absorb a multi-billion dollar hit through its own insurance funds and treasury
Skeptical / consumer coverage frames it as…
highlight the scale of the 'record' theft and the security vulnerabilities that allowed hackers to bypass checks and erase evidence
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CadNews does not determine absolute truth or endorse political viewpoints. It compares publicly available reporting, identifies shared facts, highlights framing differences, and flags uncertainty.