Binance Security Incident: Last 2% Still Missing, BNB at $717 As of November 5, 2026, crypto news today brings a new Binance hack update: the exchange says about 98% of the impacted amount is
As of November 5, 2026, crypto news today brings a new Binance hack update: the exchange says about 98% of the impacted amount is now replenished.
Per itsofficial X post dated November 4, 2026, the Binance security incident recovery now hinges on the final 2%. BNB trades near $717.34 on CoinGecko.
The exchange’s handle also covered this news in its tweet on X, shown below.
More than 100% of the needed funds is set aside from company resources.
Replenishment reached about 98% of the impacted amount.
Remaining tokens are bought through market and OTC channels.
Withdrawals reopen in phases while safeguards are strengthened.
The post also promises further updates as progress continues.
Update
Coverage
Earlier update
About 80%
Prior update cited in Recovery Update #4
About 90%
November 4 update
About 98%
The stolen funds replenished so far leave 2% open. Those are low-liquidity tokens, so buying them will be slower, and the exchange expects the pace to lag.
Binance stolen funds still outstanding are small, yet they decide when the exchange hack recovery ends.
Item
Detail
Snapshot time
2026-11-04 00:00 UTC
Tokens covered
44 (previously 10)
Proof generation
About 50 to 60 hours
Binance PoR 44 tokens widens the check, giving an updated view of assets that are fully accounted for.
After the zero-knowledge proof finishes, holders can confirm balances are at least 1:1 backed on theProof of Reserves (PoR) website.
On October 30, the exchange said it hadreserved over $6.34 billion of company funds, with $5 billion already held in the affected tokens.
The November 4 post adds that more than 100% of the required amount is now set aside.
The PoR page describes the SAFU fund as an emergency reserve for hacks. The November 4 post, however, says the company, not users, bears the cost.
Recovery Update #4 set phase one for 06:00 to 09:00 UTC on November 1. Phased withdrawals continue, and no full reopening date appears in the November 4 post.
Data from CoinGecko, as of November 5, 2026, shows BNB price today at:
Metric
Value
Price
$717.34
7d change
-4.2%
24h range
$681.40 to $722.78
Market cap
$94.379B
Neither CoinGecko nor the exchange ties this move to the hack.
The exchange keeps saying user funds safe, backed by its own reserves. The pending proof will test that claim, because it lets users verify balances themselves.
Are Binance funds safe is therefore a question the proof, not a post, should answer.
Analysts following Binance hack news today may treat the final 2% and the proof output as two tests.
The Binance security incident could stay open until the exchange publishes its post-incident report.
Liquidity in the remaining tokens may decide how fast the last 2% closes. Price impact remains uncertain. Readers of crypto news should watch both.
Disclaimer: This article is for information only and is not financial, legal, or investment advice. Crypto assets are volatile, and you can lose money. Verify details with official sources before making any decision.
