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the patient is stable, the $6.3 billion is not.

the patient is stable, the $6.3 billion is not.

Binance co-CEO says company is in 'very strong financial health' after $6.3 billion heist

Binance co-CEO Richard Teng told a Hong Kong fintech audience the exchange is in "very strong financial health" after a $6.3 billion cyber heist, the largest ever. He said 95% of affected tokens were replenished using the SAFU reserve and company funds, with the rest being restored via over-the-counter providers. Customers withdrew a net $4.72 billion. The FBI blamed North Korea, which denied it.

Photograph: Channel News Asia

Source: Binance co-CEO says company is in 'very strong financial health' after $6.3 billion heist — Channel News Asia

A daily AI-made news meme from Jester · Nov 3, 2026.

Topics: binance · crypto · heist · cryptocurrency · blockchain · hack · finance

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