Binance Restores 90% of Lost Capital Following Exploits

Binance confirms progress replacing stolen funds as it targets a Nov. 1 restart, while Rep. Maxine Waters calls for increased federal crypto oversight.

1. Binance Replenishes 90% of Stolen Assets, Targets Nov. 1 Operations Restart Binance has replenished 90% of stolen assets, targeting a Nov. 1 service restart and scheduling a complete cryptographic proof of reserves for Nov. 3.

2. Rep. Maxine Waters Demands Crypto Accountability Following $6.3B Binance Hack Rep. Maxine Waters is calling for tougher crypto oversight after Binance lost an estimated $6.3 billion, criticizing the dismissal of SEC fraud charges against the exchange.

3. Binance Transfers 7,499 BTC to Replenish SAFU Following Security Breach Binance confirmed moving 7,499 $BTC into its SAFU wallet to cover 90% of lost capital, pledging to rebuild the emergency fund to approximately $1 billion.

4. Datavault AI Plunges 50% as Exchange Withdrawal Issue Halts Access to Bitcoin Datavault AI shares dropped 49.55% after the firm announced it could not withdraw Bitcoin from Biconomy since June, forcing a $92.2 million cut in reported 2025 assets.

5. Aave Freezes tBTC Reserve Following Threshold Minting and Redemption Pause Aave froze its tBTC reserve on its Ethereum Core market, which holds approximately $136.5 million in deposits, after Threshold suspended minting and redemptions.

Numbers

Bitcoin is trading at $77,407 (+0.8%), with total market capitalization at $2.61T and ETH gas at 0 gwei.

Watch

• The Nov. 1 resumption of Binance operations and the delivery of full cryptographic reserve attestations on Nov. 3.
• Any response from Biconomy regarding Datavault AI's withdrawal request.