# Crypto heist: Binance says it has set aside funds to cover theft losses

https://mins.news/en/video/123671

- CNA, 2026-10-31 12:38 UTC
- Economy
- Original: https://www.youtube.com/watch?v=JJCSOXHk7h4

> Binance says it has reserved about US$6.3 billion in company funds to cover losses from a record-breaking cyberattack, while stepping up efforts to recover the stolen assets and restore confidence. CNA spoke with Chainalysis CEO and co-founder Jonathan Levin about what the heist indicates about hackers’ sophistication.

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