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Binance Co-CEO Says Exchange Financially Stable, Can Absorb $6.3B Loss

Nov 3, 2026 · 01:30 PM ET· updated 40m ago
Binance Co-CEO Says Exchange Financially Stable, Can Absorb $6.3B Loss

Binance says SAFU will cover the $6.3B hack, 95% of tokens are replenished, withdrawals normalized, and security upgrades are underway.

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Why It Matters

Binance had a big theft but says it has enough money to fix it. When companies can bounce back from losses, it shows they built up strength for tough times.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.