A post by @binance on X.

Binance said it has already covered $6B of the impacted amount from the hacked loss, per an update posted by the exchange on X. The statement provides no breakdown of the remaining uncovered balance, the mechanics of the coverage (whether via Binance's Secure Asset Fund for Users, or SAFU, or other means), or a timeline for full restitution. The disclosure follows the October 2025 breach in which roughly $150M–$160M in crypto assets were drained from Binance across multiple chains, with the attacker converting stolen assets into ETH; Binance subsequently halted certain withdrawals and said customer balances would be fully covered. The update signals the exchange is making progress on restitution and may help contain outflows and reputational damage, though the ultimate cost and any residual security or regulatory scrutiny remain open questions. Watch for Binance to disclose the total impacted amount, the remaining uncovered balance, and any post-mortem on how the breach occurred.