CryptoMedium•4 November 2026•
1 min read
Binance Recovers 98% of Assets Following $6.3 Billion Security Breach
Key Facts
1Binance has replenished 98% of the digital assets affected by a $6.34 billion security breach.
2The company stated it would absorb the financial losses using its reserves rather than passing them to users.
3Investigations revealed the hack was executed via fake job interviews conducted by North Korean hackers.
Binance has replenished 98% of the digital assets affected by a security breach totaling $6.34 billion. Morocco World News reported that the company stated it would absorb the financial losses using its own corporate reserves rather than passing them to users, following the detection of unauthorized transfers from its hot wallets.
Investigations revealed the hack was executed via fake job interviews conducted by North Korean hackers to gain access to internal wallet signing services. The breach involved unauthorized transfers of BTC, ETH, XRP, and SOL, prompting Binance to rebuild its wallet systems and strengthen its AI-based threat detection infrastructure.