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Binance LATAM Official
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Binance has begun recovering the affected assets for users and continues to work with authorities, issuers, blockchain intelligence firms, and industry partners to trace, freeze, and recover additional funds.
The company already publicly committed in its previous announcement to cover the losses with corporate funds.
Binance has already allocated more than USD 6.34 billion in company funds to cover this incident. Of that total, USD 5 billion is already held in the same tokenized assets that were affected. We are completing the purchase of the remaining amount by acquiring tokenized assets through market channels and OTC transactions. We are doing this to match the composition of the remaining assets and cover any shortfall. This process may take longer, as some tokens may have low liquidity, and OTC settlement also takes time. We will share further updates as soon as we can.
These figures do not include frozen or protected assets, which remain subject to ongoing recovery and verification processes. To date, USD 3 billion has been frozen, thanks to the support of our industry partners. We continue to work with our partners and authorities to recover those frozen assets. We will continue to use company resources to cover any confirmed shortfall and provide further verified updates as recovery efforts progress. Ultimately, all user funds will be publicly verified through our Proof of Reserves.
We will get through this. Thank you for your support.
The company already publicly committed in its previous announcement to cover the losses with corporate funds.
Binance has already allocated more than USD 6.34 billion in company funds to cover this incident. Of that total, USD 5 billion is already held in the same tokenized assets that were affected. We are completing the purchase of the remaining amount by acquiring tokenized assets through market channels and OTC transactions. We are doing this to match the composition of the remaining assets and cover any shortfall. This process may take longer, as some tokens may have low liquidity, and OTC settlement also takes time. We will share further updates as soon as we can.
These figures do not include frozen or protected assets, which remain subject to ongoing recovery and verification processes. To date, USD 3 billion has been frozen, thanks to the support of our industry partners. We continue to work with our partners and authorities to recover those frozen assets. We will continue to use company resources to cover any confirmed shortfall and provide further verified updates as recovery efforts progress. Ultimately, all user funds will be publicly verified through our Proof of Reserves.
We will get through this. Thank you for your support.
Binance News
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Binance Sets DYOR Feedback Campaign With 500 USDC in Rewards
According to the announcement from Binance, the exchange is inviting users to share feedback on the latest upgrade to Binance DYOR in a campaign running from 2026-10-27 12:00 (UTC) to 2026-11-01 23:59 (UTC). Binance will select 25 users based on the depth and quality of their feedback, with each selected participant receiving a 20 USDC token voucher, for a total reward pool of 500 USDC. DYOR is Binance’s research hub for Binance Alpha tokens, bringing together information on Top Holders, DEX Liquidity, CEX Wallet Sweep Movements, project fundamentals, and Binance Open Interest and Funding Rate. The campaign seeks users’ experiences with the research hub and feedback on its interface and future development. To take part, users must have a verified Binance account, follow the Binance Angels X account, repost the campaign’s main X post with an answer to “I used DYOR for…,” and complete the feedback survey during the activity period. Binance DYOR can be accessed from the Spot Trading page of a supported Alpha token in the Binance App, using the DYOR tab. Rewards will be distributed by 2026-11-30 through Binance Rewards Hub.
ALØNDRACRYPTØ1
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The DANGER of Investing in a TOKEN with No REAL Purpose ⚠️
Buying any cryptocurrency just because it “sounds good”? Beware the trap of assets with no utility 🚨
In the crypto world, creating a cryptocurrency is easier than ever. Literally anyone with a few clicks and a few dollars to pay for gas can launch their own project on the market in a matter of minutes.
But here’s the key question every investor (especially newcomers) should ask before putting their money in: Does this asset serve any purpose beyond speculation?
In the crypto world, creating a cryptocurrency is easier than ever. Literally anyone with a few clicks and a few dollars to pay for gas can launch their own project on the market in a matter of minutes.
But here’s the key question every investor (especially newcomers) should ask before putting their money in: Does this asset serve any purpose beyond speculation?
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