S&P 5007,722.60▲0.6% Nasdaq26,477.81▲1.2% Dow52,377.57▲0.0% Russell 2K2,818.87▲1.2% 10-Yr4.99%+1bp VIX17.52−0.87 WTI$100.46▼1.3% Gold$4,079.60▲1.0% EUR/USD1.113▼0.4% BTC$76,987▼1.0% Nikkei64,131▲3.1%
At close · Wed, Oct 28, 2026
Daily Market Updates.

Crypto

Home›Crypto›Bitcoin›Binance says it holds $5B in matching tokens to cover…

Binance says it holds $5B in matching tokens to cover hack losses

Reported · Written up by our desk · Bitcoin

The exchange said it set aside more than $6.34 billion to cover losses and would include the assets in its next proof-of-reserves report.

← Newer storyStudent Hack-A-House trailblazers focus on housing’s bottlenecks

More like this

CryptoMetaMask adds Stellar integration, but cross-chain bridges require manual setup
CryptoBinance hackers raced to move billions before it could be frozen
CryptoIPX Unveils Patent-Pending Atomic Router: Protected Capital in the Bonding Curve, Coinbase-Funded Rewards and Automatic Graduation Into Liquid Markets
CryptoUniswap launches TJAR fee tool, but only fast searchers capture the hidden arbitrage profit
CryptoInside the largest crypto hack on record: How attackers breached Binance for $6.3 billion

Sources

CointelegraphBinance says it holds $5B in matching tokens to cover hack losses

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.