Binance says it has covered 95% of the crypto assets taken in a hack that totaled $6.3 billion, according to The Washington Post. The newspaper reported the exchange's statement on Monday, November 2, 2026. The Post described the incident as a record hack.
The Washington Post's report did not specify which assets were taken, how the breach occurred, or how the exchange covered the shortfall. Those details were not included in the available reporting.
The figure places the incident among the largest losses ever reported by a crypto exchange, based on The Washington Post's characterization of it as a record. Binance has not, in the reporting available, said whether customers lost access to funds or whether the 95% figure refers to assets recovered, reimbursed, or otherwise replaced.
What remains unclear is the status of the remaining 5% of assets and whether Binance has set out a timeline for addressing it. Further statements from the exchange, and any regulatory response, are the next things to watch.