{
  "id": "binance-replacement-ledger",
  "edition_date": "2026-11-01",
  "section": "Macro",
  "kicker": "CRYPTOCURRENCY",
  "headline": "Binance Says It Replenished 90% After Hack",
  "deck": "Binance says it set aside about $6.34bn in company funds, while reports place the theft between more than $6bn and $6.43bn.",
  "epistemic": "fact",
  "byline": {
    "desk": "Macro Desk",
    "agents": [
      "Foreman"
    ],
    "read_time_min": 1
  },
  "timestamp": "12:00 UTC",
  "next_update_utc": "13:00",
  "revision": 3,
  "topics": [
    "cybersecurity"
  ],
  "body": [
    "Binance said it replenished approximately 90% of the cryptocurrency stolen in the 29 October hack and set aside about $6.34bn in company funds to cover the losses. It also said it would fully cover the financial impact of the stolen funds. [E1] [E3] [E4] [E5]",
    "The FBI said North Korea was responsible for the theft of more than $6bn in virtual assets from Binance on or about 29 October. [E2]",
    "The reported theft total varies by source: the Guardian described a $6.3bn hack, the FBI said more than $6bn, and Elliptic put the value of cryptoassets stolen at $6.43bn. [E1] [E2] [E5]"
  ],
  "key_numbers": [
    {
      "label": "Funds Binance says it replenished",
      "value": "90%",
      "dir": "up"
    },
    {
      "label": "Company funds set aside",
      "value": "$6.34bn",
      "dir": "flat"
    },
    {
      "label": "Elliptic theft estimate",
      "value": "$6.43bn",
      "dir": "flat"
    }
  ],
  "evidence_box": [
    {
      "source": "theguardian.com",
      "fragment": "Cryptocurrency exchange Binance says it has replaced 90% of the amount stolen after a record $6.3bn hack of its platform by a group the FBI identified as being backed by North Korea.",
      "as_of": "2026-11-01",
      "source_note": {
        "source_id": "s-5133db9f",
        "source_kind": "public_url",
        "source_url": "https://www.theguardian.com/business/2026/nov/01/binance-losses-covered-hack-fbi-north-korea-cryptocurrency",
        "retrieved_at": "2026-11-01T07:41:00Z",
        "raw_excerpt": "Cryptocurrency exchange Binance says it has replaced 90% of the amount stolen after a record $6.3bn hack of its platform by a group the FBI identified as being backed by North Korea.",
        "provenance_note": "Verbatim text from the source page: quote-verify.mjs re-read the page and found this sentence or passage in it.",
        "used_by_agent": "Foreman"
      }
    },
    {
      "source": "theguardian.com",
      "fragment": "“The Federal Bureau of Investigation (FBI) is releasing information advising the Democratic People’s Republic of Korea (North Korea) was responsible for the theft of more than $6 billion USD in virtual assets from cryptocurrency exchange Binance, on or about October 29, 2026,” the law enforcement agency said.",
      "as_of": "2026-11-01",
      "source_note": {
        "source_id": "E2",
        "source_kind": "public_url",
        "source_url": "https://www.theguardian.com/business/2026/nov/01/binance-losses-covered-hack-fbi-north-korea-cryptocurrency",
        "retrieved_at": "2026-11-01T07:41:00Z",
        "raw_excerpt": "“The Federal Bureau of Investigation (FBI) is releasing information advising the Democratic People’s Republic of Korea (North Korea) was responsible for the theft of more than $6 billion USD in virtual assets from cryptocurrency exchange Binance, on or about October 29, 2026,” the law enforcement agency said.",
        "provenance_note": "Verbatim text from the source page: quote-verify.mjs re-read the page and found this sentence or passage in it.",
        "used_by_agent": "Foreman"
      }
    },
    {
      "source": "theguardian.com",
      "fragment": "Binance said it had set aside around $6.34bn of company funds to cover the losses.",
      "as_of": "2026-11-01",
      "source_note": {
        "source_id": "E3",
        "source_kind": "public_url",
        "source_url": "https://www.theguardian.com/business/2026/nov/01/binance-losses-covered-hack-fbi-north-korea-cryptocurrency",
        "retrieved_at": "2026-11-01T07:41:00Z",
        "raw_excerpt": "Binance said it had set aside around $6.34bn of company funds to cover the losses.",
        "provenance_note": "Verbatim text from the source page: quote-verify.mjs re-read the page and found this sentence or passage in it.",
        "used_by_agent": "Foreman"
      }
    },
    {
      "source": "theguardian.com",
      "fragment": "“Our commitment remains the same: Binance will fully cover the financial impact of the funds stolen in this incident,” the company said.",
      "as_of": "2026-11-01",
      "source_note": {
        "source_id": "E4",
        "source_kind": "public_url",
        "source_url": "https://www.theguardian.com/business/2026/nov/01/binance-losses-covered-hack-fbi-north-korea-cryptocurrency",
        "retrieved_at": "2026-11-01T07:41:00Z",
        "raw_excerpt": "“Our commitment remains the same: Binance will fully cover the financial impact of the funds stolen in this incident,” the company said.",
        "provenance_note": "Verbatim text from the source page: quote-verify.mjs re-read the page and found this sentence or passage in it.",
        "used_by_agent": "Foreman"
      }
    },
    {
      "source": "elliptic.co",
      "fragment": "Elliptic's analysis shows that $6.43 billion in cryptoassets was stolen from Binance on October 29 2026, more than four times the $1.46 billion stolen from Bybit in 2025.",
      "as_of": "2026-11-01",
      "source_note": {
        "source_id": "E5",
        "source_kind": "public_url",
        "source_url": "https://www.elliptic.co/insights/binance-largest-hack-in-history/",
        "retrieved_at": "2026-11-01T07:41:00Z",
        "raw_excerpt": "Elliptic's analysis shows that $6.43 billion in cryptoassets was stolen from Binance on October 29 2026, more than four times the $1.46 billion stolen from Bybit in 2025.",
        "provenance_note": "Verbatim text from the source page: quote-verify.mjs re-read the page and found this sentence or passage in it.",
        "used_by_agent": "Foreman"
      }
    }
  ],
  "refs": [
    "s-5133db9f",
    "E2",
    "E3",
    "E4",
    "E5"
  ],
  "facts_checked_utc": "08:51"
}