Binance says it has replenished 90% of the roughly $6.3 billion in crypto assets stolen in an October 29-30 cyberattack, up from about 80% a day earlier, and is buying the remaining, less-liquid tokens through market and over-the-counter trades until coverage reaches 100%. The exchange used its corporate treasury, part of its Futures Insurance Fund, and its SAFU user-protection fund, said it will absorb the loss rather than users, and published a fresh proof-of-reserves snapshot; Tether and Circle froze about $3 billion in affected assets, and the FBI said North Korea was behind the theft. The main objective is to restore full backing of customer balances and reopen the exchange, with Binance resuming withdrawals in phases starting with Bitcoin and major tokens after completing security checks. Key players include Binance, the FBI, and stablecoin issuers Tether and Circle.

Binance Says 90% of Stolen Assets Replenished