Binance Says It Has Replenished 90 Percent of $6.3 Billion Stolen

Binance's chief executive says the exchange has replenished 90 percent of the $6.3 billion in customer funds stolen in a record-breaking hack, according to The Verge. The remaining 10 percent, described by the company as "less liquid" tokens, is still being tracked down.

How much crypto was stolen from Binance customers?

Hackers took $6.3 billion from Binance users in what The Verge called a record-breaking crypto heist. The figure represents the total value of digital assets removed from customer accounts before the exchange halted withdrawals to contain the damage, per the outlet's reporting.

The scale of the theft places it among the largest single incidents in the history of digital-asset exchanges, though The Verge's report does not compare it directly to prior breaches at other platforms. Binance has not disclosed, in the material reviewed for this report, how the funds were initially taken or which wallets were compromised.

How has Binance responded to the theft?

Binance's chief executive said the company has replenished 90 percent of the stolen funds and intends to cover the remaining balance as well, The Verge reported. The exchange is covering the losses directly rather than relying on insurance payouts or third-party reimbursement, according to the same report.

In a post on X cited by The Verge, the company wrote: "Our commitment remains the same: Binance will fully cover the financial impact of the funds stolen in this incident. We will continue to demonstrate this commitment through measurable progress, transparent reporting, and concrete actions."

That statement frames the recovery as an ongoing process rather than a completed one, with the company pledging continued public updates rather than a single final accounting.

What happens to the remaining 10 percent of stolen funds?

The unreplenished 10 percent consists of "less liquid" tokens, Binance said, which the company indicated may take longer to acquire than the more liquid assets already restored. The Verge's report does not specify which tokens fall into that category or provide a timeline for when the final portion will be covered.

The distinction between liquid and illiquid holdings matters for how quickly an exchange can source replacement assets on the open market. Thinly traded tokens can be harder to buy in bulk without moving the price, which may explain the slower pace on that remaining share, though Binance's statement does not elaborate on the mechanics.

When will withdrawals resume for Binance users?

Withdrawals have been paused since the theft, but Binance said it remains on track to reopen the service on Sunday, November 1, 2026, according to the company's post cited by The Verge. The exchange described resuming withdrawals as its "next milestone in focus" and said it would provide further updates once details are confirmed.

The company's own language — "we remain on track" — suggests the Sunday target was set in advance and has not slipped, though Binance did not say in the material reviewed when that original timeframe was first announced.

What has Binance said publicly about its commitment to users?

Binance has repeated, in its public statements, that it intends to make customers whole rather than pass losses on to them. The company's X post emphasized "transparent reporting" and "concrete actions" as the standard it is holding itself to going forward, rather than a one-time announcement of restored funds.

That framing puts the burden on Binance to keep disclosing progress on the remaining 10 percent in the weeks ahead. Whether the exchange meets that standard, and how quickly it can source the illiquid tokens still outstanding, will determine whether Sunday's withdrawal reopening marks the effective end of the episode for most users or simply the next phase of a longer recovery.

The Verge's report, which draws on Binance's own public statement, is the only account of the figures reviewed for this story; no independent audit of the replenishment total was cited in the source material.