All assets affected by the attack were covered

Binance announced that all assets affected by the security incident on October 29 have been covered. While the company announced that it used over $6.34 billion in resources to compensate users for their losses, it also published new Proof of Reserve (PoR) data.

All assets affected by the attack were covered

Cryptocurrency exchange Binance made a new statement regarding the security incident that occurred on its platform on October 29. The company reported that the process of covering all assets affected by the incident has been completed.

OVER 6.34 BILLION DOLLARS OF RESOURCES WERE USED

Binance stated that it activated over $6.34 billion of company resources to cover users' losses following the incident. It was reported that the affected tokens were obtained through market and over-the-counter (OTC) channels.

In this process, the Secure Asset Fund for Users (SAFU), the part of Binance's futures insurance fund above the required level within the framework of risk management, and the company treasury were used.

The company also announced that SAFU, which was created to protect users in emergency situations, will be increased to approximately 1 billion dollars.

RESERVE PROOF PUBLISHED FOR 198 TOKENS

Within the scope of transparency, Binance published new Proof of Reserves (PoR) data covering 198 tokens as of 00:00 UTC on November 12, 2026.

The calculations for the zero-knowledge proof are expected to take approximately 40-50 hours. Upon completion of this process, users holding affected tokens will be able to independently verify that their holdings are covered at least 1:1.

WITHDRAWAL TRANSACTIONS ARE OPENING GRADUALLY

The company stated that withdrawal transactions continue to be gradually reopened and new information will be provided as the process is finalized.

Binance also emphasized that investments and improvement efforts in the security infrastructure of the platform are continuing.

On the other hand, it was stated that a small number of tokens that Binance no longer supports were also affected by the incident, that these assets will be handled within the scope of the exchange's delisting procedures, and that the losses of users holding the tokens in question will be compensated.

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