Binance has arranged $6.34 billion to cover losses linked to what has been described as a record cryptocurrency hack, according to CoinDesk. The exchange said it would use its own funds for the response, while roughly $3 billion in stolen assets had been frozen.
Binance says its own funds are reserved
The announcement means Binance is setting aside money to address the reported losses rather than relying solely on the recovery of the stolen cryptocurrency. The company’s statement put the total amount reserved at about $6.3 billion, broadly matching the $6.34 billion figure reported for the arrangement.
The available information does not identify the affected blockchain, the assets involved, or the parties responsible for the hack. It also does not specify how much of the reserved amount has already been paid or provide a timetable for any further recovery.
Frozen assets could support recovery
Binance said approximately $3 billion of the stolen assets had been frozen. In cryptocurrency markets, freezing assets generally means restricting their movement or access after they have been identified, potentially preventing them from being transferred or converted through participating services.
That figure is separate from the total amount Binance said it had reserved. The source material does not say whether the frozen assets would ultimately be returned, liquidated, or used to offset losses.
Moneyiar market picture
Moneyiar data as of October 25, 2026, at 22:39 +03:30 showed BNB at $740.8618136891, up 0.81% over 24 hours and 3.32% over seven days. The data also showed FUNToken at $0.0089182414, up 1.62% in 24 hours and 0.08% over seven days, and REAL, listed under the symbol ASSET, at $0.1927395029, up 6.94% and 3.94% over those periods.
Billions Network (BILL) was listed at $0.0139971939 as of September 21, 2026, at 01:39 +03:30, down 0.59% over 24 hours but up 10.04% over seven days. These market figures do not establish a direct link between the listed assets and the hack.
