Binance SAFU fund: full reimbursement pledged for $6.3 billion

Binance is covering the losses from the attack of October 29, 2026 in full, by its own account. The exchange puts the affected sum at around $6.3 billion and states that it will cover all losses, from company funds and from an emergency fund. That fund is called SAFU and holds 15,000 bitcoin, according to Binance. For the first time, the exchange's reserve is being weighed against a sum it cannot cover on its own. If you hold coins on a crypto exchange, more hangs on this episode than a damage figure.
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