Hackers took $6.3 billion from Binance in the largest cryptocurrency theft worldwide. Insurance coverage varies with asset storage, the method of attack and policy terms. Exchanges can meet losses through insurance, company capital and emergency reserves, but standard crime and cyber policies generally do not insure the full value of stolen cryptocurrency. Binance's website says the Secure Asset Fund for Users holds roughly $1 billion in crypto assets as of 2026, all in bitcoin. Binance did not immediately answer a request for comment about insurance coverage.