# Binance says 90% of $6.3 billion hack losses are covered and withdrawals resume Sunday

> Original title: Binance says 90% of $6.3 billion hack losses are now covered, plans to resume withdrawals Sunday

- Source: CNBC · Technology
- Published: 2026-10-31T16:06:44.000Z
- Bad Influence: https://badinfluence.news/items/aopjxd5d6u6d1ac1s3jsdd7og
- Original: https://www.cnbc.com/2026/10/31/binance-hack-asset-coverage-withdrawals.html

## Summary

Binance said it has covered up to 90% of the roughly $6.3 billion in tokens stolen from its hot wallets and will buy the remaining assets until coverage reaches 100%. It plans to resume user withdrawals by Sunday, subject to security checks, while the attack remains under investigation. TRM Labs said the attack's features match earlier North Korea-linked heists, though the breach's culprits are not confirmed.

## Why it matters

The report details Binance's coverage of stolen assets and its withdrawal timeline, alongside conflicting accounts of the attack and a suspected North Korean link.