---
title: "Binance says it has $6.34 billion ready to cover hack losses"
url: https://thecoingazette.com/binance-says-it-has-6-34-billion-ready-to-cover-hack-losses/
date: 2026-10-30
modified: 2026-10-30
lang: en
author: "Coin Gazette Editorial"
description: "Binance has allocated $6.34 billion to cover hack losses, while industry partners have frozen another $3 billion in affected assets."
categories:
  - "Crypto News"
word_count: 20
---

# Binance says it has $6.34 billion ready to cover hack losses

Binance has allocated $6.34 billion to cover hack losses, while industry partners have frozen another $3 billion in affected assets.