Binance hack drained wallets backing customer assets, reserve data shows

Source: coinDesk October 29, 2026 · 17:17
Binance hack drained wallets backing customer assets, reserve data shows
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Binance’s own reserve data lists the drained wallets as backing customer balances, leaving its ether backing an estimated 6% short until the exchange replaces what was stolen.
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CoinDesk is an American news site specializing in bitcoin and digital currencies. Founded by Shakil Khan, the firm also provides guides to bitcoin for those new to digital currencies.

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