Binance transferred 7,499 Bitcoin worth about $581 million from its Secure Asset Fund for Users (SAFU) to replace assets lost in a breach estimated at $6.3 billion. This replenishment brings the recovery to about 90% of the lost amount, up from 80% previously. Binance used company funds, including SAFU, futures insurance, and corporate treasury, while planning to acquire the remaining 10% of less-liquid tokens through market and OTC trades. Withdrawals remain paused but are expected to reopen soon after testing.
Binance Coin (BNB) holds a market cap of Rp1.680,49 trillion on Pluang as of Nov 01, 2026 00:01 WIB, with a 24-hour trading volume of Rp22,84 trillion. The price of BNB is Rp12.784.237, showing a modest 0.80% increase in the last day. This stable trading activity coincides with Binance's ongoing recovery efforts following its significant asset breach.
Strive CEO Matt Cole noted that Bitcoin's price reaction to the recent Binance wallet attack was less severe than expected, comparing the event to a bank robbery. Despite the incident, which targeted Binance's systems rather than the Bitcoin network ...
On October 31, Binance's SAFU wallet transferred 7,500 Bitcoin in three transactions, coinciding with the exchange's announcement that it had replenished about 90% of assets affected by a recent security incident, up from 80%. The wallet still held 7...
Chainalysis reports that those behind the $6.4 billion Binance hack are moving stolen funds through Tron-based decentralized finance (DeFi) protocols. They swap TRX tokens for stablecoins on Tron and then deposit these into DeFi platforms to avoid fr...
Following a $6.3 billion hack at Binance, a trading expert warns Bitcoin could fall to $68,000 if it loses its daily 100-day moving average support. Bitcoin is currently trading below its 50-day moving average, indicating short-term bearish pressure,...
A significant transfer of 7,499 Bitcoin, valued at approximately $581 million, was made from Binance's SAFU fund to an unknown wallet. This movement is notable due to the large amount and the unknown recipient, raising questions about the purpose and...
