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

Co
Cointelegraph
By Cointelegraph by Helen Partz
10/30/2026, 12:41:43 PM
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Binance says it holds $5B in matching tokens to cover hack losses
EXECUTIVE SUMMARY

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.

Key Takeaways

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

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.

Share:WhatsAppFacebookX (Twitter)Telegram

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