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Binance fully backs 10 cryptocurrencies after replenishing 90% of stolen assets from hack.

Market News
31 Oct 2026, 20:45 WIB
Bitcoin
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Bullish
Binance fully backs 10 cryptocurrencies after replenishing 90% of stolen assets from hack.

Binance announced it has fully backed 10 cryptocurrencies, including BTC, ETH, and XRP, after replenishing 90% of assets stolen in a recent hack. The remaining 10% shortfall involves less liquid tokens, which Binance is sourcing with help from industry partners. The replenishment uses company funds, emergency reserves like SAFU, and futures insurance funds, with Binance absorbing all financial losses to protect users. Withdrawals are targeted to resume on Sunday, Nov. 1, with proof-of-reserves verification expected by Nov. 3.

Binance's announcement on backing 10 cryptocurrencies provides context for readers. For those tracking major cryptocurrencies on Pluang, 35 of 50 priced assets rose while 14 fell as of Nov 01, 2026 00:21 WIB. Notable movers include CAKE at Rp35.572 with a 4.56% gain, THETA at Rp2.955 with a 3.43% increase, and YFI priced at Rp34.588.222, up 3.05%.

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