Binance’s $1B SAFU Fund Faces a $6.3B Hack: How Much Must the Exchange Pay?
Crypto Feeds RSS | CCN.com
30 paź 2026, 14:20Ccn
1 min read
Binance estimates its Oct. 29 security breach affected $6.3 billion in crypto assets, while its Bitcoin-backed SAFU fund is valued at approximately $1.18 billion.
The breach significantly exceeds the SAFU fund's capacity, leaving Binance to determine compensation for affected users. The exchange must now address how much it will pay from its reserves.
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