Binance Hack Valued at $6.01 Billion, $2.9 Billion Still Movable

The Binance hack involves $6.01 billion in assets, with $2.9 billion still movable, as the exchange suspends deposits and withdrawals and commits to cover losses.

Binance separately estimates the incident’s impact at $6.3 billion. That is the exchange’s own assessment, separate from the $6.01 billion valuation of the hack. The figures describe different estimates of the same incident.

The $2.9 billion figure refers to assets that remain movable. That amount is part of the $6.01 billion valuation, not a separate estimate of the incident’s total value. The figure highlights that billions of dollars in assets remain able to move.

Binance has suspended both deposits and withdrawals and pledged to cover all losses. The pause halts incoming deposits and outgoing withdrawals on the exchange. Binance’s impact estimate and pledge describe its response, while the $6.01 billion valuation covers the hack and the $2.9 billion figure covers assets still movable.

Together, the estimates put the incident in the multibillion-dollar range, with Binance’s services suspended and $2.9 billion in assets still movable.