On Oct. 31, rival crypto exchanges added security measures, including alerts and restrictions on fund movements. That same day, the estimated losses from the Binance security breach rose to $6.3 billion.
The exchange said proof of reserves for the October 31 snapshot is now verifiable, while its investigation uncovered additional compromise points and it has yet to disclose final technical details.
Read the full storyThe exchange said the incident’s impact was about $6.3 billion and that it had covered 95% of it, while Elliptic verified that 44% of the stolen funds had been frozen or seized.
TRM tracked transfers across 10 networks, while Binance said it had covered 95% of the affected amount and gradually resumed withdrawals, amid net outflows of $3.64 billion.
The exchange said it had completed a cryptographic proof for balances in 10 supported tokens, backed at a ratio of at least 1:1, while less-liquid assets remained among the uncovered share.
The exchange said about 95% of affected assets had been replenished, while enabling users to verify that balances in 10 tokens were backed by reserves of at least 1:1.
The transfer via Relay coincided with estimates that $242 million was laundered through Tron, while Binance said it had covered about 95% of affected assets and begun gradually resuming withdrawals.
The platform reopened withdrawals in stages after security checks, saying coverage of affected assets had reached about 95% and it would absorb the losses without passing them on to users.
The exchange resumed withdrawals in stages after saying it had covered 95% of the affected amount, while a HashKey official said the customer response had not reached widespread panic.
The platform resumed withdrawals in stages after allocating funds to cover losses, while net outflow estimates pointed to pressure on customer confidence after the breach.
More than $6 billion in token outflows from wallets linked to the platform were recorded over 24 hours, according to DefiLlama, though they include transfers that may be internal.
The platform said coverage rose from 90%, while net withdrawals since reopening reached $4.72 billion, and it reported continued customer inflows.
The platform said the remaining share involves less liquid tokens, as withdrawals begin returning in stages after assets worth nearly $2.7 billion were frozen.
Elliptic traced about $31 million to THORChain, while the network halted trading on 10 of 13 connected chains after a double refund of a 10 ETH deposit.
The platform processed $4.649 billion in withdrawals and $1.01 billion in deposits between 06:00 and 15:30 UTC on November 1, while saying withdrawals had gradually resumed.
The exchange says balances in 10 assets are fully backed, while less-liquid tokens make up the remaining share and the company continues buying them before completing the reopening of networks.
The exchange said coverage had risen from 90% in its previous update, as it began restoring withdrawal services in stages after assets were stolen in an attack the FBI attributed to North Korea.
The exchange said it had covered about 95% of the affected assets and was preparing to resume withdrawals gradually after security checks, while trackers estimated billions of dollars in assets remained with the attacker.
The platform said balances in 10 assets are now fully backed, while firms tracked $2.85 billion in stolen assets that was frozen or seized.
The platform says lower-liquidity tokens make up the remaining share, as it targets resuming withdrawals on November 1 and making full proof of reserves available by November 3.
The exchange said 10 assets are now fully covered and it is targeting a resumption of withdrawals on Sunday, while analysts estimated the attacker still controls $2.4 billion in assets.