Binance says its crypto asset recovery covers 90% of affected assets

Binance’s crypto asset recovery effort has reached a reported 90% coverage of assets affected by this week’s massive cyberattack, the exchange said on Saturday, October 31, 2026. The update, posted on X, follows a breach involving about $6.3 billion in client assets . Binance expects withdrawals to resume by Sunday . Its Saturday statement described the affected assets as “covered,” while earlier updates detailed both efforts to recover stolen cryptocurrency and the use of company funds to cover customer losses. Binance’s crypto asset recovery combines frozen funds and customer coverage Binance estimated that around $3 billion of the affected cryptocurrency had been frozen on blockchain networks. Stablecoin issuers Circle and Tether moved to freeze funds after the attack, while investigators tracked the movement of stolen assets.

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