Binance reserves over $6.34 billion for hack losses as withdrawals stay paused

Binance said it has reserved more than $6.34 billion to cover losses from a hack, with $5 billion of that already held in the affected tokens. Withdrawals remain paused while the exchange carries out a security overhaul. The disclosure gives traders a concrete figure for the exchange's loss coverage, but the ongoing withdrawal freeze keeps operational risk in focus for Binance users.