Binance's publicly disclosed emergency Bitcoin wallet now holds about 7,500 BTC, worth $583 million, after a 7,499 BTC transfer to cover losses from the $6.3 billion hack, down from about 15,000 BTC. The exchange suspended withdrawals and reopened them in phases, saying it had replenished about 95% of the affected assets using its corporate treasury, SAFU and part of its futures insurance fund. The FBI attributed the attack to North Korea, identifying the hackers as TraderTraitor. Binance's SAFU policy aims to rebalance the fund to $1 billion if its value falls below $800 million, but sets no timeline for replenishing funds used after a security incident. Binance also released proof-of-reserves verification for 10 cryptocurrencies, showing holdings backed at least 1:1, and plans another snapshot covering more tokens on Wednesday.
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Related tickers and likely impact
BNB/USDT
• NeutralBNB
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Exchange tokens |
| Market cap | $92.9B |
| Close on 11/01/2026 | 712.69 |
| Change that session | +1.24% |
BTC/USDT
▼ Likely negativeBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 11/01/2026 | 78,354.00 |
| Change that session | +1.00% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
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