Security Incident | Recovery Update #7: 98% of Stolen Assets Replenished and New PoR Snapshot With Expanded Coverage (2026-11-04)
As committed, Binance will cover the cost of these stolen funds from the recent security incident, not our users. We have already set aside more than 100% of the funds needed to cover these losses from Binance's own resources. And now we have new progress. We have now replenished approximately 98% of the impacted amount, and we continue to buy the remaining token assets through market and OTC channels. Purchases for the remaining 2% are expected to be slower because these tokens are less liquid. We will continue to provide further updates.
👉🏻Learn more here
What to do now?
- Don't panic
- Verify your funds in PoR: Wallet > Proof of Reserves > Oct 31 snapshot
- Keep 2FA ON
- Only trust @binance official account
#Binance #BinanceUpdate
As committed, Binance will cover the cost of these stolen funds from the recent security incident, not our users. We have already set aside more than 100% of the funds needed to cover these losses from Binance's own resources. And now we have new progress. We have now replenished approximately 98% of the impacted amount, and we continue to buy the remaining token assets through market and OTC channels. Purchases for the remaining 2% are expected to be slower because these tokens are less liquid. We will continue to provide further updates.
👉🏻Learn more here
What to do now?
- Don't panic
- Verify your funds in PoR: Wallet > Proof of Reserves > Oct 31 snapshot
- Keep 2FA ON
- Only trust @binance official account
#Binance #BinanceUpdate
