Binance's Secure Asset Fund for Users (SAFU), an emergency reserve, dropped from 15,000 BTC to 7,500 BTC after the exchange used it to cover a $6.3 billion hack. This fund now holds about $580 million, below the $800 million threshold in Binance's policy that triggers a refill only if the drop is due to bitcoin price fluctuations, not withdrawals for hacks. The policy does not specify if or when Binance must replenish the fund after a security breach. Investors should watch the SAFU wallet for any signs of replenishment, as the fund's status directly impacts user protection during crises.
While Binance's SAFU fund has halved to 7,500 BTC following the $6.3 billion hack, Binance Coin (BNB) on Pluang trades at Rp12.687.846 as of Nov 04, 2026 02:02 WIB, showing a modest 0.69% gain in the past day. This price places BNB well within its typical trading range, supported by a strong market cap of Rp1.661,87 trillion and a 24-hour volume of Rp23,22 trillion, reflecting steady investor interest despite the security incident.
An address linked to the Binance hacker deposited about $798,000 worth of Solana (8,567 SOL) into Privacy Cash, a mixer service, as part of laundering stolen funds from the $6.34 billion breach. Binance co-CEO Richard Teng said the exchange has reple...
Solana co-founder Anatoly Yakovenko warns that phishing and social engineering are the biggest risks to cryptocurrency users, not technical hacks. He recommends using a dedicated iOS device in Apple’s Lockdown Mode combined with a multisignature wall...
On November 3, Binance Coin (BNB) was trading at $696.37 as of 6:41 a.m. ET, with its price fluctuating between a 24-hour high of $706.47 and a low of $690.85. This price range reflects the market activity within the observed time frame. The data hig...
Ripple issued 110.6 million RLUSD, a U.S. dollar-backed stablecoin on the XRP Ledger, about seven hours before Binance's scheduled second phase of withdrawal expansions. This transaction occurred on Nov. 2, just before Binance planned to reopen withd...
Following the October 29 Binance hack, Ethereum's supply on exchanges dropped from 3.56% to 3.20%, indicating a significant outflow of around 297,000 ETH. However, this decline appears to reflect a liquidity shift rather than panic selling, as some E...
