🚨 BINANCE HACK UPDATE #31 🚨

✅ Binance has deployed 7,499 BTC from its SAFU emergency fund to help cover the $6.3B hack, cutting the fund Bitcoin balance roughly in half.

✅ The SAFU Bitcoin wallet now holds about 7,500 BTC, worth around $583M, down from about 15,000 BTC before the transfer.

✅ Binance confirmed the transfer on Saturday, linked to replacing assets taken in the Oct 29 breach.

✅ SAFU policy sets no timeline for refilling funds drawn after a hack — it only promises rebalancing to $1B if value falls below $800M on price moves.

✅ Next withdrawal phase is still planned for Tuesday Nov 3, with a wider reserve snapshot on Nov 4.

Sources: Cointelegraph, Binance

We will keep posting confirmed updates here as this story develops.

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