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BREAKING: BINANCE HAS NOW REPLENISHED 90% OF THE $6.3 BILLION HACKED ASSETS!Just days after one of crypto’s largest security breaches, Binance has released Recovery Update #3. Here’s what changed: 💰 1. RECOVERY PROGRESS: 80% → 90% Binance confirms that 90% of the affected assets have now been replenished. All 10 major affected tokens are fully backed: $BTC, $ETH, $USDT, $BNB, $SOL, $USDC, $XRP, USD1, RLUSD and $ZEC. The remaining 10% consists of less-liquid tokens that Binance is still acquiring. 2. WHERE IS THE MONEY COMING FROM? Binance is using three funding sources: • SAFU emergency fund • Futures Insurance Fund • Corporate treasury The exchange has committed more than $6.34 billion to cover the losses and says users will not bear the financial impact. 📊 3. PROOF OF RESERVES UPDATED A new PoR snapshot was taken on October 31 at 00:00 UTC. The complete zero-knowledge proof is expected by November 3, allowing users holding the 10 listed tokens to independently verify at least 1:1 backing. ⏰ 4. WITHDRAWALS COULD RESUME TODAY! Binance says it remains on track to begin restoring withdrawals on Sunday, November 1, subject to security checks. An exact reopening time has not yet been confirmed. IMPORTANT: Replenishing 90% of customer assets does not mean 90% of the stolen funds have been recovered from the hackers. Binance is absorbing the losses while recovery efforts continue. My take: The progress is encouraging, but the biggest test is still ahead: restoring withdrawals safely and completing verifiable reserves. Would you trust Binance with your crypto after these updates? Follow Wendy for more latest updates #Binance #CryptoSecurity $BTC $ETH $BNB

BREAKING: BINANCE HAS NOW REPLENISHED 90% OF THE $6.3 BILLION HACKED ASSETS!

Just days after one of crypto’s largest security breaches, Binance has released Recovery Update #3.
Here’s what changed:
💰 1. RECOVERY PROGRESS: 80% → 90%
Binance confirms that 90% of the affected assets have now been replenished.
All 10 major affected tokens are fully backed:
$BTC , $ETH , $USDT, $BNB , $SOL, $USDC, $XRP, USD1, RLUSD and $ZEC.
The remaining 10% consists of less-liquid tokens that Binance is still acquiring.
2. WHERE IS THE MONEY COMING FROM?
Binance is using three funding sources:
• SAFU emergency fund
• Futures Insurance Fund
• Corporate treasury
The exchange has committed more than $6.34 billion to cover the losses and says users will not bear the financial impact.
📊 3. PROOF OF RESERVES UPDATED
A new PoR snapshot was taken on October 31 at 00:00 UTC.
The complete zero-knowledge proof is expected by November 3, allowing users holding the 10 listed tokens to independently verify at least 1:1 backing.
⏰ 4. WITHDRAWALS COULD RESUME TODAY!
Binance says it remains on track to begin restoring withdrawals on Sunday, November 1, subject to security checks.
An exact reopening time has not yet been confirmed.
IMPORTANT: Replenishing 90% of customer assets does not mean 90% of the stolen funds have been recovered from the hackers.
Binance is absorbing the losses while recovery efforts continue.
My take: The progress is encouraging, but the biggest test is still ahead: restoring withdrawals safely and completing verifiable reserves.
Would you trust Binance with your crypto after these updates?
Follow Wendy for more latest updates
#Binance #CryptoSecurity $BTC $ETH $BNB
Bitsik:
What about people who got liquidated or lost substantially due to this unwarranted episode
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Binance’s $6.3 Billion Security Crisis — North Korea Suspected, 90% of Losses ReplenishedBinance’s $6.3 Billion Security Crisis: North Korea Suspected as Exchange Moves Toward Recovery October 31, 2026 | Cryptocurrency & Cybersecurity News The cryptocurrency industry is facing one of the biggest security crises in its history after Binance reported a security breach involving approximately $6.3 billion worth of cryptocurrency assets on October 29, 2026. The incident has raised serious concerns about exchange security, institutional risk management and the growing sophistication of state-linked cybercriminal groups. While blockchain intelligence investigators have pointed toward North Korea's TraderTraitor hacking group, Binance is continuing its investigation into the full attack and its technical causes. What Happened to Binance? According to Binance's official security announcement, its hot wallets were compromised at approximately 20:05 UTC on October 29. The attack involved unauthorized cryptocurrency withdrawals across multiple blockchain networks. Binance initially suspected that a compromised employee laptop may have played a role. However, its subsequent investigation identified additional points of breach. The exchange also stated that it had found no evidence of wallet private keys being leaked. Blockchain intelligence firm TRM Labs estimated the stolen assets at approximately $6.36 billion and attributed the attack to TraderTraitor, a North Korean state-sponsored hacking group. This attribution is an intelligence assessment, not a final public law-enforcement finding. North Korea's Lazarus Connection The incident has brought renewed attention to North Korea's cyber operations and the history of cryptocurrency-related attacks. TRM Labs attributes the Binance incident to TraderTraitor, a group associated with North Korean state-sponsored cyber activity. The FBI has previously linked North Korean hackers to major cryptocurrency thefts, including the $1.5 billion Bybit incident in February 2025. The Park Jin Hyok wanted poster circulating on social media has also attracted attention. However, the poster alone does not establish that Park personally participated in this particular Binance incident. The investigation must distinguish between a suspected hacking group, individual suspects and independently verified evidence. Binance Recovery Update: 90% of Losses Replenished The biggest development came on October 31, when Binance published its third official recovery update. Binance announced that it had replenished approximately 90% of the affected stolen assets using company resources. The exchange reported: - Approximately $6.34 billion set aside to cover the incident. - 90% of the impacted assets replenished. - The remaining 10% consists of less-liquid tokens that may take longer to acquire. - All ten listed major tokens, including BTC, ETH, USDT, BNB and SOL, are reported as 100% backed. - Binance has committed to covering the financial impact rather than passing the loss to customers. The replenishment has involved Binance's SAFU fund, Futures insurance fund and corporate treasury. Importantly, replenishing assets is not the same as recovering the original stolen cryptocurrency. The distinction matters when evaluating the actual progress of the investigation. Approximately $2.7 Billion in Assets Frozen Another important development is the cooperation between Binance, blockchain intelligence firms, law enforcement and cryptocurrency issuers. According to TRM Labs, approximately $2.7 billion in assets had been frozen through actions involving stablecoin issuers and blockchain partners. These efforts involved Tether, Circle, Ripple, World Liberty Financial and the Arbitrum Security Council. However, freezing assets does not automatically mean that all funds have been returned to Binance. Investigators continue to track the remaining cryptocurrency and identify opportunities to prevent further movement or conversion. Withdrawals and Proof of Reserves: What's Next? Binance has announced that it is targeting November 1, 2026, to resume withdrawal services, subject to security checks. The exchange has also taken a new Proof of Reserves snapshot dated October 31. According to its latest announcement, the full zero-knowledge proof is expected around November 3, 2026. This will provide an additional opportunity for users to independently verify the backing of their eligible assets. Binance has also committed to publishing a detailed post-incident technical report explaining the attack, its causes and the additional security measures being implemented. Is This an Internal Security Failure or a Sophisticated Cyberattack? The incident highlights two major concerns. First, a compromise involving internal devices, authorization systems or transaction-signing infrastructure can create significant risks even when an exchange has sophisticated security controls. Second, state-linked cybercriminal groups are becoming increasingly capable of exploiting weaknesses in centralized financial infrastructure. The real question is not simply how much cryptocurrency was stolen. It is how an attacker managed to bypass security mechanisms and what changes will prevent a similar incident in the future. Final Thoughts Binance's $6.3 billion security incident is a major warning for the global cryptocurrency industry. The reported replenishment of 90% of affected assets is an important step toward restoring customer confidence. However, the remaining recovery work, withdrawal restoration, independent verification and final investigation are equally important. For the wider crypto ecosystem, this incident reinforces one fundamental principle: In cryptocurrency, security is not just about protecting private keys. It is about protecting the entire infrastructure that makes digital assets possible. The coming days will be crucial for Binance as it works to restore withdrawals, complete asset replenishment and demonstrate that its security systems are stronger than before. Disclaimer: This article is for informational and educational purposes only. Figures and recovery milestones reflect information available on October 31, 2026. Suspected attribution and ongoing investigations should not be treated as final legal findings. This is not financial or investment advice. #BinanceSAFUFundTransferCompleted7499BTC #BinanceRecovery90% of stolen assets #CZSaysCompensationIsinPlaceUsersAreProtected #Binance {future}(BTCUSDT) $ETH {future}(ETHUSDT) {future}(BNBUSDT)

Binance’s $6.3 Billion Security Crisis — North Korea Suspected, 90% of Losses Replenished

Binance’s $6.3 Billion Security Crisis: North Korea Suspected as Exchange Moves Toward Recovery
October 31, 2026 | Cryptocurrency & Cybersecurity News
The cryptocurrency industry is facing one of the biggest security crises in its history after Binance reported a security breach involving approximately $6.3 billion worth of cryptocurrency assets on October 29, 2026.
The incident has raised serious concerns about exchange security, institutional risk management and the growing sophistication of state-linked cybercriminal groups.
While blockchain intelligence investigators have pointed toward North Korea's TraderTraitor hacking group, Binance is continuing its investigation into the full attack and its technical causes.
What Happened to Binance?
According to Binance's official security announcement, its hot wallets were compromised at approximately 20:05 UTC on October 29.
The attack involved unauthorized cryptocurrency withdrawals across multiple blockchain networks.
Binance initially suspected that a compromised employee laptop may have played a role. However, its subsequent investigation identified additional points of breach.
The exchange also stated that it had found no evidence of wallet private keys being leaked.
Blockchain intelligence firm TRM Labs estimated the stolen assets at approximately $6.36 billion and attributed the attack to TraderTraitor, a North Korean state-sponsored hacking group.
This attribution is an intelligence assessment, not a final public law-enforcement finding.
North Korea's Lazarus Connection
The incident has brought renewed attention to North Korea's cyber operations and the history of cryptocurrency-related attacks.
TRM Labs attributes the Binance incident to TraderTraitor, a group associated with North Korean state-sponsored cyber activity.
The FBI has previously linked North Korean hackers to major cryptocurrency thefts, including the $1.5 billion Bybit incident in February 2025.
The Park Jin Hyok wanted poster circulating on social media has also attracted attention. However, the poster alone does not establish that Park personally participated in this particular Binance incident.
The investigation must distinguish between a suspected hacking group, individual suspects and independently verified evidence.
Binance Recovery Update: 90% of Losses Replenished
The biggest development came on October 31, when Binance published its third official recovery update.
Binance announced that it had replenished approximately 90% of the affected stolen assets using company resources.
The exchange reported:
- Approximately $6.34 billion set aside to cover the incident.
- 90% of the impacted assets replenished.
- The remaining 10% consists of less-liquid tokens that may take longer to acquire.
- All ten listed major tokens, including BTC, ETH, USDT, BNB and SOL, are reported as 100% backed.
- Binance has committed to covering the financial impact rather than passing the loss to customers.
The replenishment has involved Binance's SAFU fund, Futures insurance fund and corporate treasury.
Importantly, replenishing assets is not the same as recovering the original stolen cryptocurrency. The distinction matters when evaluating the actual progress of the investigation.
Approximately $2.7 Billion in Assets Frozen
Another important development is the cooperation between Binance, blockchain intelligence firms, law enforcement and cryptocurrency issuers.
According to TRM Labs, approximately $2.7 billion in assets had been frozen through actions involving stablecoin issuers and blockchain partners.
These efforts involved Tether, Circle, Ripple, World Liberty Financial and the Arbitrum Security Council.
However, freezing assets does not automatically mean that all funds have been returned to Binance.
Investigators continue to track the remaining cryptocurrency and identify opportunities to prevent further movement or conversion.
Withdrawals and Proof of Reserves: What's Next?
Binance has announced that it is targeting November 1, 2026, to resume withdrawal services, subject to security checks.
The exchange has also taken a new Proof of Reserves snapshot dated October 31.
According to its latest announcement, the full zero-knowledge proof is expected around November 3, 2026.
This will provide an additional opportunity for users to independently verify the backing of their eligible assets.
Binance has also committed to publishing a detailed post-incident technical report explaining the attack, its causes and the additional security measures being implemented.
Is This an Internal Security Failure or a Sophisticated Cyberattack?
The incident highlights two major concerns.
First, a compromise involving internal devices, authorization systems or transaction-signing infrastructure can create significant risks even when an exchange has sophisticated security controls.
Second, state-linked cybercriminal groups are becoming increasingly capable of exploiting weaknesses in centralized financial infrastructure.
The real question is not simply how much cryptocurrency was stolen. It is how an attacker managed to bypass security mechanisms and what changes will prevent a similar incident in the future.
Final Thoughts
Binance's $6.3 billion security incident is a major warning for the global cryptocurrency industry.
The reported replenishment of 90% of affected assets is an important step toward restoring customer confidence. However, the remaining recovery work, withdrawal restoration, independent verification and final investigation are equally important.
For the wider crypto ecosystem, this incident reinforces one fundamental principle:
In cryptocurrency, security is not just about protecting private keys. It is about protecting the entire infrastructure that makes digital assets possible.
The coming days will be crucial for Binance as it works to restore withdrawals, complete asset replenishment and demonstrate that its security systems are stronger than before.
Disclaimer: This article is for informational and educational purposes only. Figures and recovery milestones reflect information available on October 31, 2026. Suspected attribution and ongoing investigations should not be treated as final legal findings. This is not financial or investment advice.
#BinanceSAFUFundTransferCompleted7499BTC #BinanceRecovery90% of stolen assets #CZSaysCompensationIsinPlaceUsersAreProtected #Binance
$ETH
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I got the Binance withdrawal date wrong. It's Sunday, not Saturday. The 40-hour clock from Friday 14:34 UTC lands Sunday morning. Binance just confirmed it. 90% of stolen assets replenished (80% yesterday). BTC, ETH + 8 other assets fully backed. The last 10% is less-liquid tokens, still being bought OTC. Full proof-of-reserves still generating — 40-50h workload. $BNB 702, +0.8%. 12 of 15 liquid pairs green. Sunday withdrawals and Monday's PoR still decide the next move. Which one hits first? {future}(BNBUSDT) #Binance #BNB NFA. I trade my own book. DYOR.
I got the Binance withdrawal date wrong. It's Sunday, not Saturday.

The 40-hour clock from Friday 14:34 UTC lands Sunday morning. Binance just confirmed it.

90% of stolen assets replenished (80% yesterday). BTC, ETH + 8 other assets fully backed. The last 10% is less-liquid tokens, still being bought OTC.

Full proof-of-reserves still generating — 40-50h workload.

$BNB 702, +0.8%. 12 of 15 liquid pairs green.

Sunday withdrawals and Monday's PoR still decide the next move.

Which one hits first?



#Binance #BNB

NFA. I trade my own book. DYOR.
DopamineGLOBAL:
withdrawals hit first imo, por is the slow one
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🚨 BINANCE HIT BY A $6.3 BILLION SECURITY BREACH — WHAT EVERY CRYPTO INVESTOR NEEDS TO KNOW! The crypto industry has been shaken by one of the biggest security incidents in its history. Binance reported a security breach involving approximately $6.3 BILLION worth of crypto assets stolen from its hot wallets. But here's what makes this story even more important: 🔴 WHAT HAPPENED? Binance's investigation initially pointed to a potentially compromised DevOps engineer's laptop. The exchange later confirmed that investigators discovered additional points of breach. 🔒 WHAT ABOUT USERS' FUNDS? Binance says it will absorb the financial impact through its corporate funds and SAFU rather than passing the losses to users. 💰 THE RECOVERY EFFORT Binance reported that approximately $3 billion had been frozen on-chain and announced that it had replenished around 90% of the stolen assets as of October 31. 🛡️ WAS THE WALLET INFRASTRUCTURE COMPROMISED? Binance says it has found no evidence that wallet private keys were leaked. The investigation is still ongoing. MY TAKE: This incident sends a powerful message to the entire crypto industry: Security is not optional. Even the largest exchanges must continuously improve their infrastructure, internal controls, withdrawal protection and transparency. Crypto adoption cannot grow sustainably without trust. THE BIG QUESTION: After a $6.3 billion security incident, would you still keep your crypto on a centralized exchange like Binance, or would you move most of your holdings to a personal cold wallet? 👇 Share your thoughts in the comments! #Binance #CryptoSecurity #Bitcoin #CryptoNews #SAFU #Blockchain #BTC #BinanceSquare #CryptoCommunity #Web3 $BTC $ETH $LTC {spot}(BTCUSDT) {spot}(ETHUSDT) {spot}(LTCUSDT)
🚨 BINANCE HIT BY A $6.3 BILLION SECURITY BREACH — WHAT EVERY CRYPTO INVESTOR NEEDS TO KNOW!

The crypto industry has been shaken by one of the biggest security incidents in its history.

Binance reported a security breach involving approximately $6.3 BILLION worth of crypto assets stolen from its hot wallets.

But here's what makes this story even more important:

🔴 WHAT HAPPENED? Binance's investigation initially pointed to a potentially compromised DevOps engineer's laptop. The exchange later confirmed that investigators discovered additional points of breach.

🔒 WHAT ABOUT USERS' FUNDS? Binance says it will absorb the financial impact through its corporate funds and SAFU rather than passing the losses to users.

💰 THE RECOVERY EFFORT Binance reported that approximately $3 billion had been frozen on-chain and announced that it had replenished around 90% of the stolen assets as of October 31.

🛡️ WAS THE WALLET INFRASTRUCTURE COMPROMISED? Binance says it has found no evidence that wallet private keys were leaked. The investigation is still ongoing.

MY TAKE:

This incident sends a powerful message to the entire crypto industry:

Security is not optional. Even the largest exchanges must continuously improve their infrastructure, internal controls, withdrawal protection and transparency.

Crypto adoption cannot grow sustainably without trust.

THE BIG QUESTION:

After a $6.3 billion security incident, would you still keep your crypto on a centralized exchange like Binance, or would you move most of your holdings to a personal cold wallet?

👇 Share your thoughts in the comments!

#Binance #CryptoSecurity #Bitcoin #CryptoNews #SAFU #Blockchain #BTC #BinanceSquare #CryptoCommunity #Web3

$BTC $ETH $LTC
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🚨 BREAKING Binance Hacking: The Fateful 55 Minutes of Global Manhunt Binance Hack Reaches Record $6.3 Billion in Losses. via Blockmedia · 4m ago (00:06 UTC) #CookingBNB #Crypto #Bitcoin #BTC #Binance
🚨 BREAKING

Binance Hacking: The Fateful 55 Minutes of Global Manhunt
Binance Hack Reaches Record $6.3 Billion in Losses.

via Blockmedia · 4m ago (00:06 UTC)

#CookingBNB #Crypto #Bitcoin #BTC #Binance
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🚨 BREAKING: FBI Confirms North Korea's Role in Binance Hack The FBI has officially attributed the reported $6.3 billion Binance attack to North Korea. According to the FBI, North Korean hackers stole more than $6 billion in crypto from Binance around October 29. The attack has been linked to the hacking group known as TraderTraitor, which was also connected to the $1.5 billion Bybit hack. The FBI is now urging crypto exchanges and DeFi platforms to block the hackers' wallet addresses as they attempt to move and launder the stolen funds. Meanwhile, Binance says users will not bear the cost of the theft. The exchange has reportedly covered 90% of the losses ahead of the planned reopening of withdrawals on Sunday. This situation raises serious questions about exchange security, fund protection, and the risks of keeping assets on centralized platforms. For me, the key takeaway is simple: security and transparency matter just as much as liquidity and convenience in crypto. What do you think? Will this incident change how users manage their funds on centralized exchanges? #Binance #CryptoSecurity #Bitcoin #CryptoNews #Write2Earn
🚨 BREAKING: FBI Confirms North Korea's Role in Binance Hack

The FBI has officially attributed the reported $6.3 billion Binance attack to North Korea.

According to the FBI, North Korean hackers stole more than $6 billion in crypto from Binance around October 29. The attack has been linked to the hacking group known as TraderTraitor, which was also connected to the $1.5 billion Bybit hack.

The FBI is now urging crypto exchanges and DeFi platforms to block the hackers' wallet addresses as they attempt to move and launder the stolen funds.

Meanwhile, Binance says users will not bear the cost of the theft. The exchange has reportedly covered 90% of the losses ahead of the planned reopening of withdrawals on Sunday.

This situation raises serious questions about exchange security, fund protection, and the risks of keeping assets on centralized platforms.

For me, the key takeaway is simple: security and transparency matter just as much as liquidity and convenience in crypto.

What do you think? Will this incident change how users manage their funds on centralized exchanges?

#Binance #CryptoSecurity #Bitcoin #CryptoNews
#Write2Earn
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🚨 Binance Recovery Update! Binance has already recovered approximately 90% of the assets lost in the hack. Hopefully, Binance will soon recover the remaining 10% and return to a fully normal state. #Binance #BNB #CryptoNews {spot}(BNBUSDT)
🚨 Binance Recovery Update! Binance has already recovered approximately 90% of the assets lost in the hack. Hopefully, Binance will soon recover the remaining 10% and return to a fully normal state.
#Binance #BNB #CryptoNews
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🚨 THE $6.3 BILLION BINANCE HACK: A WAKE-UP CALL FOR THE ENTIRE CRYPTO INDUSTRY One of the biggest security incidents in crypto history has put exchange security under the spotlight. Binance disclosed a major security breach involving approximately $6.3 billion in crypto assets. But here's what makes this incident particularly important: 🔹 How did it happen? Binance's investigation pointed to compromised infrastructure and unauthorized withdrawals. The full technical investigation is still ongoing. 🔹 What happened to the funds? Binance said it would cover the losses using SAFU and corporate funds, rather than passing the financial impact to users. 🔹 Can stolen crypto be recovered? Binance reported that approximately $3 billion in assets had been frozen on-chain in its October 30 update. Recovery efforts are continuing. 🔹 What does this mean for investors? This incident highlights three important lessons: 1️⃣ No centralized exchange is completely immune to security risks. 2️⃣ Exchange security and transparency should always be part of an investor's decision. 3️⃣ Keeping all your crypto on one platform creates concentration risk. 📊 MY TAKE: Crypto adoption cannot grow sustainably without trust. Exchanges must invest in stronger security, transparent reporting, and better protection for customer assets. And investors must remember one fundamental principle: Not your keys, not your coins. 💬 QUESTION FOR THE COMMUNITY: After an incident of this scale, would you still keep most of your crypto on centralized exchanges, or would you move a larger portion to self-custody? Let's discuss. #Binance #CryptoSecurity #bitcoin #safu #CryptoNewss
🚨 THE $6.3 BILLION BINANCE HACK: A WAKE-UP CALL FOR THE ENTIRE CRYPTO INDUSTRY

One of the biggest security incidents in crypto history has put exchange security under the spotlight.

Binance disclosed a major security breach involving approximately $6.3 billion in crypto assets.

But here's what makes this incident particularly important:

🔹 How did it happen?

Binance's investigation pointed to compromised infrastructure and unauthorized withdrawals. The full technical investigation is still ongoing.

🔹 What happened to the funds?

Binance said it would cover the losses using SAFU and corporate funds, rather than passing the financial impact to users.

🔹 Can stolen crypto be recovered?

Binance reported that approximately $3 billion in assets had been frozen on-chain in its October 30 update. Recovery efforts are continuing.

🔹 What does this mean for investors?

This incident highlights three important lessons:

1️⃣ No centralized exchange is completely immune to security risks.

2️⃣ Exchange security and transparency should always be part of an investor's decision.

3️⃣ Keeping all your crypto on one platform creates concentration risk.

📊 MY TAKE:

Crypto adoption cannot grow sustainably without trust.

Exchanges must invest in stronger security, transparent reporting, and better protection for customer assets.

And investors must remember one fundamental principle:

Not your keys, not your coins.

💬 QUESTION FOR THE COMMUNITY:

After an incident of this scale, would you still keep most of your crypto on centralized exchanges, or would you move a larger portion to self-custody?

Let's discuss.

#Binance #CryptoSecurity #bitcoin #safu #CryptoNewss
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Binance Is Putting SAFU to Work After the Security Incident #Binance co-CEO Yi He has confirmed that 50% of the SAFU fund will be allocated to help cover losses following the recent security incident, while the remaining 50% will stay in reserve. This is an important step in Binance's recovery efforts. Rather than relying only on statements, the exchange is putting its protection fund to work while retaining part of its emergency reserves. The next priority will be restoring SAFU to its target level and maintaining user confidence. In difficult moments, transparency, accountability, and concrete action matter most. Binance's recovery journey is worth watching. Binance Is Putting SAFU to Work After the Security Incident Binance co-CEO Yi He has confirmed that 50% of the SAFU fund will be allocated to help cover losses following the recent security incident, while the remaining 50% will stay in reserve. This is an important step in Binance's recovery efforts. Rather than relying only on statements, the exchange is putting its protection fund to work while retaining part of its emergency reserves. The next priority will be restoring SAFU to its target level and maintaining user confidence. In difficult moments, transparency, accountability, and concrete action matter most. Binance's recovery journey is worth watching. #SAFU #CryptoSecurity
Binance Is Putting SAFU to Work After the Security Incident

#Binance co-CEO Yi He has confirmed that 50% of the SAFU fund will be allocated to help cover losses following the recent security incident, while the remaining 50% will stay in reserve.

This is an important step in Binance's recovery efforts. Rather than relying only on statements, the exchange is putting its protection fund to work while retaining part of its emergency reserves.

The next priority will be restoring SAFU to its target level and maintaining user confidence.

In difficult moments, transparency, accountability, and concrete action matter most.

Binance's recovery journey is worth watching.

Binance Is Putting SAFU to Work After the Security Incident

Binance co-CEO Yi He has confirmed that 50% of the SAFU fund will be allocated to help cover losses following the recent security incident, while the remaining 50% will stay in reserve.

This is an important step in Binance's recovery efforts. Rather than relying only on statements, the exchange is putting its protection fund to work while retaining part of its emergency reserves.

The next priority will be restoring SAFU to its target level and maintaining user confidence.

In difficult moments, transparency, accountability, and concrete action matter most.

Binance's recovery journey is worth watching.

#SAFU #CryptoSecurity
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#backednotbroken:richardtengsaysusersbearnoloss 🛡️ Backed, Not Broken: Richard Teng Says Binance Users Will Bear No Loss 💰 Imagine checking your crypto account after hearing that an exchange has suffered a major security breach. The first question is not about the market. It is whether your money is still safe. Binance CEO Richard Teng has addressed that concern directly: Binance says it will absorb the financial impact of the recent security incident, not its users. The exchange reported approximately $6.3 billion in affected token assets. To cover the losses, Binance says it has reserved more than $6.34 billion in company funds, with around $5 billion already held in the exact affected assets. Teng also explained that customer assets are held separately from Binance's own hot-wallet funds. The affected wallet belonged to the exchange, and Binance says customer balances were not impacted. The company is still acquiring the remaining affected tokens through market and OTC channels. It has also reported approximately $3 billion frozen on-chain with help from industry partners. Here is the bigger lesson: financial reserves can help absorb a crisis, but trust depends on more than a promise. Transparent updates, independent verification, stronger security, and a clear incident report matter just as much. This is a serious security event, not something to dismiss. Binance's commitment to cover losses is significant, but users should continue following verified updates. A platform's strength is tested not when markets are calm, but when responsibility becomes expensive. Does Binance's response strengthen your confidence in centralized exchanges? Disclaimer: Educational content only. Not financial advice. #Binance #CryptoSecurity #GrowWithSAC $BTC $BNB $ETH #BackedNotBroken:RichardTengSaysUsersBearNoLoss
#backednotbroken:richardtengsaysusersbearnoloss
🛡️ Backed, Not Broken: Richard Teng Says Binance Users Will Bear No Loss 💰

Imagine checking your crypto account after hearing that an exchange has suffered a major security breach. The first question is not about the market. It is whether your money is still safe.

Binance CEO Richard Teng has addressed that concern directly: Binance says it will absorb the financial impact of the recent security incident, not its users.

The exchange reported approximately $6.3 billion in affected token assets. To cover the losses, Binance says it has reserved more than $6.34 billion in company funds, with around $5 billion already held in the exact affected assets.

Teng also explained that customer assets are held separately from Binance's own hot-wallet funds. The affected wallet belonged to the exchange, and Binance says customer balances were not impacted.

The company is still acquiring the remaining affected tokens through market and OTC channels. It has also reported approximately $3 billion frozen on-chain with help from industry partners.

Here is the bigger lesson: financial reserves can help absorb a crisis, but trust depends on more than a promise. Transparent updates, independent verification, stronger security, and a clear incident report matter just as much.

This is a serious security event, not something to dismiss. Binance's commitment to cover losses is significant, but users should continue following verified updates.

A platform's strength is tested not when markets are calm, but when responsibility becomes expensive.

Does Binance's response strengthen your confidence in centralized exchanges?

Disclaimer: Educational content only. Not financial advice.

#Binance #CryptoSecurity #GrowWithSAC $BTC $BNB $ETH
#BackedNotBroken:RichardTengSaysUsersBearNoLoss
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Binance withdrawals reopen at 14:00 UTC+8 today, three days after the $6.3B hack. $BTC, $ETH and $BNB are in the first batch. Phase one runs until 17:00 UTC+8 and covers 15 networks, ordered by what people tried to pull out most this past week. USDT goes out on nine of them. Every other coin and chain waits for a later phase. The refill number moved again overnight. Binance now says it has covered about 95% of the loss, up from 90% yesterday. By our math the gap shrank from roughly $630M to about $315M in a day, and all of it sits in smaller tokens outside the top ten. Binance has already warned that the first hours may bring delays and failed attempts, and says to retry after a short while. The full proof of reserves still lands Tuesday, Nov 3. A stuck withdrawal at 14:05 is traffic. A DM offering to speed yours up is a scammer. #Binance #Bitcoin NFA. DYOR.
Binance withdrawals reopen at 14:00 UTC+8 today, three days after the $6.3B hack.
$BTC , $ETH and $BNB are in the first batch.

Phase one runs until 17:00 UTC+8 and covers 15 networks, ordered by what people tried to pull out most this past week. USDT goes out on nine of them. Every other coin and chain waits for a later phase.

The refill number moved again overnight. Binance now says it has covered about 95% of the loss, up from 90% yesterday. By our math the gap shrank from roughly $630M to about $315M in a day, and all of it sits in smaller tokens outside the top ten.

Binance has already warned that the first hours may bring delays and failed attempts, and says to retry after a short while. The full proof of reserves still lands Tuesday, Nov 3.

A stuck withdrawal at 14:05 is traffic. A DM offering to speed yours up is a scammer.

#Binance #Bitcoin

NFA. DYOR.
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Good morning traders! BIG Update from Binance!90% ASSETS REPLENISHED!* Up from 80% to 90% now 🔥 ✅ Fully backed 100%: $BTC $ETH $USDT $BNB $SOL $USDC $XRP and more (USD1, RLUSD, ZEC) How they funded: 1. SAFU Fund (partial deployment - completing in 24h) 2. Futures Insurance Fund 3. Binance corporate treasury Remaining 10% is less liquid tokens, will take time - Binance working with partners. Next milestone: Withdrawals resuming TODAY - Sunday Nov 1st 2026! Proof of Reserves snapshot taken Oct 31, ZK proof coming Nov 3rd for verification. Market confidence back? $BTC 76k line holding strong now! Are you ready to trade again? $BTC $BNB $ETH #Binance #SAFU #BTC #CryptoNews

Good morning traders! BIG Update from Binance!

90% ASSETS REPLENISHED!* Up from 80% to 90% now 🔥
✅ Fully backed 100%: $BTC $ETH $USDT $BNB $SOL $USDC $XRP and more (USD1, RLUSD, ZEC)
How they funded:
1. SAFU Fund (partial deployment - completing in 24h)
2. Futures Insurance Fund
3. Binance corporate treasury
Remaining 10% is less liquid tokens, will take time - Binance working with partners.
Next milestone: Withdrawals resuming TODAY - Sunday Nov 1st 2026! Proof of Reserves snapshot taken Oct 31, ZK proof coming Nov 3rd for verification.
Market confidence back? $BTC 76k line holding strong now!
Are you ready to trade again?
$BTC $BNB $ETH
#Binance #SAFU #BTC #CryptoNews
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🚨 BINANCE HAS COVERED 90% OF THE HACK-RELATED SHORTFALL! 🔶 Here’s the latest update: • 90% of the shortfall has reportedly been covered. • CEO Richard Teng commits to covering the remaining 10%. • Proof of Reserves updated following the incident. • Binance’s BTC wallet balance stands at 692,489 BTC. The message is clear: Binance is taking responsibility, strengthening transparency and working to restore confidence. A security incident tests an exchange. Its response defines its leadership. Keep building. 🔶 #Binance #Bitcoin #Crypto
🚨 BINANCE HAS COVERED 90% OF THE HACK-RELATED SHORTFALL! 🔶

Here’s the latest update:

• 90% of the shortfall has reportedly been covered.
• CEO Richard Teng commits to covering the remaining 10%.
• Proof of Reserves updated following the incident.
• Binance’s BTC wallet balance stands at 692,489 BTC.

The message is clear: Binance is taking responsibility, strengthening transparency and working to restore confidence.

A security incident tests an exchange. Its response defines its leadership.

Keep building. 🔶

#Binance #Bitcoin #Crypto
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🚨 BINANCE SECURITY UPDATE: 90% OF ASSETS RESTORED! 🔥 Binance reports major progress following the recent security breach! ✅ 90% of affected assets restored, up from 80%. 💰 BTC, ETH, USDT, BNB, SOL, XRP and other major tokens reportedly backed 100%. 🛡️ Recovery funded through SAFU, Futures Insurance Fund and Binance's own reserves. 📊 New Proof of Reserves snapshot taken on October 31. ⏳ Withdrawals targeted to resume November 1, 2026. 💪 Binance says all incident-related losses will be fully covered. 🔥 Can Binance regain market confidence after this massive security breach? 📈 Bullish recovery or more market uncertainty? 👇 Share your thoughts! #Binance #BTC #CryptoNews #SOL
🚨 BINANCE SECURITY UPDATE: 90% OF ASSETS RESTORED! 🔥

Binance reports major progress following the recent security breach!

✅ 90% of affected assets restored, up from 80%.

💰 BTC, ETH, USDT, BNB, SOL, XRP and other major tokens reportedly backed 100%.

🛡️ Recovery funded through SAFU, Futures Insurance Fund and Binance's own reserves.

📊 New Proof of Reserves snapshot taken on October 31.

⏳ Withdrawals targeted to resume November 1, 2026.

💪 Binance says all incident-related losses will be fully covered.

🔥 Can Binance regain market confidence after this massive security breach?

📈 Bullish recovery or more market uncertainty?

👇 Share your thoughts!

#Binance #BTC #CryptoNews #SOL
See translation
Recovering stolen crypto is a major challenge, but protecting users must always come first. If Binance replenishes 90% of stolen assets, it would send a powerful message about accountability, security, and trust in Web3. The real strength of crypto lies in how it protects users when things go wrong. 💛 #Binance #Crypto #Web3 $AIN $LSK
Recovering stolen crypto is a major challenge, but protecting users must always come first.

If Binance replenishes 90% of stolen assets, it would send a powerful message about accountability, security, and trust in Web3.

The real strength of crypto lies in how it protects users when things go wrong. 💛
#Binance #Crypto #Web3 $AIN $LSK
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🚨 BREAKING: BINANCE TO RESUME WITHDRAWALS IN PHASES! Binance’s official blog confirms that the first phase of withdrawal resumption is expected to begin between 06:00–09:00 UTC. A phased restart means a gradual return to normal operations as security checks are completed. Stay calm. Stay informed. SAFU. 🔶 #Binance #BNB
🚨 BREAKING: BINANCE TO RESUME WITHDRAWALS IN PHASES!

Binance’s official blog confirms that the first phase of withdrawal resumption is expected to begin between 06:00–09:00 UTC.

A phased restart means a gradual return to normal operations as security checks are completed.

Stay calm. Stay informed. SAFU. 🔶

#Binance #BNB
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🔥 BNB Chain Explained After $6.3B Incident - Why I'm Still Bullish After 1.4K views on my last post, many asked "What is BNB really?" Here is simple: 1. BNB Chain = Binance's blockchain - fast & cheap transactions 2. BNB Coin = Fuel for BNB Chain - used for fees, staking, trading 3. SAFU = Binance Secure Fund - Protects users even after hacks Why BNB still strong? ✅ 24h trading volume $1.2B+ even after hack news ✅ 1000+ dApps built on BNB Chain ✅ Binance covers losses from SAFU My Move: - 50% BNB in spot - 50% moved to cold storage (Trust Wallet) - Not selling in panic What about you? Still holding $BNB ? #BNB #SAFU! #binance $BNB $BTC
🔥 BNB Chain Explained After $6.3B Incident - Why I'm Still Bullish

After 1.4K views on my last post, many asked "What is BNB really?"

Here is simple:

1. BNB Chain = Binance's blockchain - fast & cheap transactions
2. BNB Coin = Fuel for BNB Chain - used for fees, staking, trading
3. SAFU = Binance Secure Fund - Protects users even after hacks

Why BNB still strong?
✅ 24h trading volume $1.2B+ even after hack news
✅ 1000+ dApps built on BNB Chain
✅ Binance covers losses from SAFU

My Move:
- 50% BNB in spot
- 50% moved to cold storage (Trust Wallet)
- Not selling in panic

What about you? Still holding $BNB ?

#BNB #SAFU! #binance
$BNB $BTC
See translation
When I heard the name Crypto for the first time, along with it the name Binance also came to my mind. I have been associated with Binance for more than five years. During this time, Binance has never disappointed me in terms of its work, services and trust, and I hope that this trust will remain the same in the future also Today, if Binance is going through a difficult time, then we should also work for a united Binance family instead of panicking, believing or spreading rumors. Stand with him as per my status. It is in difficult times that true loyalty and unity are tested. We should focus on facts instead of rumors and face this difficult time with responsibility, patience and courage. We are the Binance family, and unity is our core strength. #Binance #CZBİNANCE
When I heard the name Crypto for the first time, along with it the name Binance also came to my mind. I have been associated with Binance for more than five years. During this time, Binance has never disappointed me in terms of its work, services and trust, and I hope that this trust will remain the same in the future also

Today, if Binance is going through a difficult time, then we should also work for a united Binance family instead of panicking, believing or spreading rumors. Stand with him as per my status.

It is in difficult times that true loyalty and unity are tested. We should focus on facts instead of rumors and face this difficult time with responsibility, patience and courage.

We are the Binance family, and unity is our core strength.
#Binance #CZBİNANCE
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🚀 BINANCE PUMPKIN EVENT PROMO! 🚀 Want extra crypto rewards? Binance's Pumpkin Event is live, and I am giving a direct bonus to anyone who uses my link! Get the platform rewards PLUS a special bonus sent straight from me. 👇 HOW TO CLAIM: • Sign up using my link: [GO HELP ME PLZZ ALL](https://www.binance.com/referral/mystery-box/2026halloween-refer/claim?ref=W6G8SA0S) • Join the Pumpkin Event. • Take a screenshot showing your registration/participation. • Post the SS in the comments below! Once verified, I will drop your extra reward. Let’s get these crypto treats! 🎃💸 #Binance #BinancePumpkin #CryptoPatience #ReferralBonus
🚀 BINANCE PUMPKIN EVENT PROMO! 🚀
Want extra crypto rewards? Binance's Pumpkin Event is live, and I am giving a direct bonus to anyone who uses my link!
Get the platform rewards PLUS a special bonus sent straight from me.
👇 HOW TO CLAIM:
• Sign up using my link: GO HELP ME PLZZ ALL

• Join the Pumpkin Event.
• Take a screenshot showing your registration/participation.
• Post the SS in the comments below!
Once verified, I will drop your extra reward. Let’s get these crypto treats! 🎃💸
#Binance #BinancePumpkin #CryptoPatience #ReferralBonus
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Binance says withdrawals reopen today. My take: the 90% refill was the easy part. The real test is how many people stay once the door opens. $BNB holders, are you pulling funds out the moment it reopens, keeping them here, or splitting, and why? PS: no real refund starts with a DM. #BinancePick #Write2Earn #Binance
Binance says withdrawals reopen today. My take: the 90% refill was the easy part. The real test is how many people stay once the door opens.

$BNB holders, are you pulling funds out the moment it reopens, keeping them here, or splitting, and why?

PS: no real refund starts with a DM.

#BinancePick #Write2Earn #Binance
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