Key Highlights: Binance reopened withdrawals for over 62 tokens across networks like Ethereum and BNB Smart Chain starting November 5 at 04:00 UTC. Following a major security incident in late October 2026, the exchange recorded roughly $3.64 billion in net outflows on November 1. Binance has reportedly replenished approximately 95% of affected holdings using reserves, ...
Key Highlights: Binance has withdrawn half of the bitcoin held in its Secure Asset Fund for Users (SAFU), reducing the balance from 15,000 BTC to just over 7,500 BTC. The capital deployment was part of a $6.34 billion recovery allocation drawn from SAFU, corporate treasury reserves, and the futures insurance fund following a major security ...
Key Highlights Binance is replenishing affected balances using its corporate treasury, excess futures insurance funds, and an upcoming deployment from its Secure Asset Fund for Users (SAFU). Security inquiries remain active, with Co-CEO Richard Teng noting breach points beyond an employee laptop, while analytics firms TRM Labs and Chainalysis link the attack to the North ...