Binance Allocates US$6.34 Billion to Compensate Users for Losses

JAKARTA — Cryptocurrency exchange Binance says it has covered 90 per cent of users’ losses following a cyberattack. The company has allocated more than US$6.34 billion, or about Rp115 trillion, to provide full compensation.

In a statement issued on Sunday (1 November 2026), Binance said it had previously covered around 80 per cent of the losses. The compensation coverage rate has now risen to 90 per cent.

“Coverage has now reached 90 per cent,” Binance said in an official statement.

The company said its management had fully covered losses involving several cryptoassets, including Bitcoin, Ethereum, Tether, BNB, Solana, USD Coin, XRP, USD1, RLUSD and Zcash.

The remaining 10 per cent of losses involve tokens with lower liquidity, outside the top 10 assets listed. Binance said it would continue buying the affected tokens on the open market or through over-the-counter channels until all losses had been covered.

“Binance, not our users, will bear the financial burden of the stolen funds,” the company said in a written statement.