Binance says it has replaced 90% of the cryptocurrency taken in a breach valued at $6.3 billion, while maintaining that customer balances have not been reduced. According to CoinDesk, the exchange is covering the losses with a combination of corporate funds, futures reserves and its Secure Asset Fund for Users, known as SAFU.
Binance says users will not absorb losses
The company’s stated approach means Binance is taking responsibility for restoring the affected assets rather than passing the shortfall on to customers. Its announcement did not say that every stolen coin had been recovered. Instead, it said 90% had been replaced, leaving the status of the remaining portion unresolved in the source material.
Keeping user balances intact is significant because a crypto breach can create a gap between the assets recorded in customer accounts and the assets available to an exchange. Binance says its internal resources are being used to address that gap. The sources do not provide a breakdown of how much came from corporate funds, futures reserves or SAFU, nor do they identify the assets involved.
What the breach means
The incident involved cryptocurrency valued at $6.3 billion, according to the original report’s headline. Binance’s statement focuses on reimbursement rather than on technical details of the breach, including how it occurred or who was responsible. No additional explanation of the attack was provided in the supplied material.
SAFU is Binance’s fund intended to provide an additional pool of assets for users in situations affecting the platform. Together with the company’s other reserves, it is being used to support the replacement effort.
Market picture
Moneyiar market data at 2026-11-01 12:28 +03:30 shows BNB at $712.0445452717, up 1.09% over 24 hours but down 3.74% over seven days. Alchemy Pay (ACH) was $0.004745773, down 0.79% in 24 hours and 6.47% over seven days. Billions Network (BILL), recorded at 2026-09-21 01:39 +03:30, was $0.0139971939, down 0.59% over 24 hours and up 10.04% over seven days. FUNToken (FUN), recorded at 2026-10-25 22:39 +03:30, was $0.0089182414, up 1.62% over 24 hours and 0.08% over seven days.
