Binance says it has restored about 90% of assets lost in $6.3 billion hack, targets resuming withdrawals on November 1

Binance reported that it has fully backed ten major assets, BNB among them, and replaced about 90% of the stolen holdings. According to CoinDesk, the money came from the company treasury and part of its futures insurance fund, and the exchange intends to draw partly on its SAFU reserve within a day. The replacements rely on the exchange's own reserves, not on recovered coins.

The remaining shortfall, mostly in less-liquid tokens, is being closed through purchases on spot and over-the-counter markets. CNBC reported that Binance intends to keep buying until coverage is complete. One outlet also cited a transfer of about $581 million in Bitcoin as part of the replenishment, though that detail rests on a headline-level report.

Investigators have identified points of compromise beyond an employee laptop that was initially suspected, and TRM Labs has pointed to suspected North Korean hackers. The theft, announced on a Thursday, was described as a record for the crypto industry.

Withdrawals are planned to restart on Sunday, November 1, subject to security checks. For a token tied to the exchange such as BNB, visible restoration of customer backing can reduce fears of insolvency and forced selling, but outstanding questions about the breach and the reopening schedule keep uncertainty high.