BNB Coin Daily Report: October 31, 2026 — Key News and Updat
Over the past 24 hours, the Binance theft incident became the main variable affecting BNB's price action, with BNB falling as much as 8% in the market. Binance said it has covered about 90% of the stolen asset losses, published a proof-of-reserves snapshot, and expects to restore withdrawals in phases within 34 hours. In response to some users' concerns about the platform's solvency, He Yi said that data such as trading volume, fees and user scale are all publicly available. Over the same period, the main Meme market recorded about $160 million in 24-hour trading volume, down 28.2% versus the previous day.
October 31, 2026 BNB News Roundup
- [10-31 14:36] Binance: About 90% of Stolen Asset Losses Now Covered (Wu Shuo)
Binance issued a security incident update, announcing that about 90% of the stolen asset losses have now been covered. Ten major tokens including BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC have achieved 100% full reserve backing, and the remaining 10% of assets with relatively poor liquidity are being continuously repurchased and topped up through public markets and OTC channels. The sources of this round of fund replenishment include: deploying part of the Investor Protection Fund (SAFU), allocating part of the futures insurance fund balance that exceeds regulatory and risk control requirements, and drawing on Binance's own
- [10-31 05:51] He Yi: Understands Some Users' Concerns About Binance's Solvency; Trading Volume, Fees, User Scale and Other Data Are All Publicly Available (Odaily)
Odaily News: He Yi responded on X to the "inside job" allegations triggered by the Binance theft incident, saying that investing is often about judgment, a game of logic, and the ability to peel back layers to extract effective information. Regarding some users' concerns about Binance's solvency, He Yi said she can understand them, but that Binance's trading volume, fees, user scale and quarterly BNB burn and other data are all public information.
- [10-30 20:27] About 80% of Stolen Funds Covered; Binance Expects to Restore Withdrawals in Phases Within 34 Hours (Odaily)
Odaily News: According to Binance monitoring, Binance published security incident progress announcement #2 at 3:33 this morning, disclosing investigation and asset compensation progress over the past 24 hours. The announcement said that at 04:05 on October 30, 2026 (UTC+8), Binance's hot wallet was attacked, losing about $6.3 billion in token assets. Binance said it will fully bear the losses through the SAFU fund and the company's own funds, and will not pass the losses on to users. Currently, Binance has prepared more than $6.34 billion in company funds, of which more than $5 billion equivalent in
- [10-31 14:29] About 90% of Affected Assets Backfilled; Binance Publishes Proof-of-Reserves Snapshot (Odaily)
Odaily News: Binance announced that as of October 31, about 90% of the affected assets had been backfilled, a further increase from the previously disclosed 80%. BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC have all achieved 100% full reserve support; the remaining roughly 10% are tokens other than the previous top ten, which, due to relatively lower liquidity, may take longer to fully purchase. Binance said the funds for this asset replenishment come from part of the SAFU fund (expected in the next
- [10-31 14:27] Binance: About 90% of Affected Assets Backfilled, Proof-of-Reserves Snapshot Published (PANews)
PANews, October 31: According to a Binance announcement, as of October 31, about 90% of affected assets have been backfilled, a further increase from the previously disclosed 80%. BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC have all achieved 100% full reserve support. The remaining roughly 10% of assets not yet backfilled are tokens other than the previous top ten, which, due to relatively lower liquidity, may take longer to fully purchase. Binance said the funds for this asset replenishment come from part of the SAFU fund (expected in the next 24 hours
- [10-31 06:00] He Yi Responds to User Concerns About Binance's Payout Capacity, Says Data Is All Public Information (Wu Shuo)
Binance co-founder He Yi posted on X in response to some users' concerns about Binance's payout capacity, saying she can understand such worries and noting that data such as trading volume, fees, user scale and quarterly BNB burn are all public information. She said investing is often a game of judgment and logic, requiring the ability to peel back layers and obtain effective information.
- [10-31 02:03] Main Meme Market Records About $160 Million in 24-Hour Volume, Down 28.2% Versus Previous Day (Wu Shuo)
According to GMGN 24h trading volume rankings, as of 10:03 on October 31, the core trading volume of major Meme markets such as Solana, Robinhood and BNB was about $160 million; the three recorded volumes of about $81.28 million, $43.24 million and $26.98 million respectively, accounting for 50.9%, 27.1% and 16.9%, with the top three projects being PONS, cirBTC and SAFU. Trading volume in the main Meme market fell 28.2% day-over-day, with BNB down
- [10-30 20:29] Binance Hack Rattles Crypto Markets – BNB Drops 8% (Bitcoinist)
TL;DR Cryptocurrency markets extended their losses after Binance reported a major security breach estimated at $6.3 billion. BNB declined more than 8%, while Bitcoin approached $77,000 and Ethereum f