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Binance Founder Changpeng Zhao Says $6.3 Billion Hack Recovery Funds Are Fully Allocated
Changpeng Zhao says Binance has allocated all funds needed to cover its $6.3 billion hack, with only small-cap token conversions left, as withdrawals reopen across nine more networks.
BSCN·2026-11-03 07:36:10 UTC

Binance Covers $6.3 Billion Hack From Balance Sheet, Says Changpeng Zhao, Publishes Proof of Reserves
Changpeng Zhao says Binance paid for its $6.3 billion hack from its own balance sheet. The exchange has replaced about 95% of stolen assets and published a proof of reserves for ten tokens.
BSCN·2026-11-02 17:16:47 UTC
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