CZ said Binance’s loss from the suspected incident may be slightly above $1 billion and that Binance would bear the related losses, according to a BlockBeats report citing his response to a DeFiLlama analysis.
Attributed loss estimate
The figure is an early estimate attributed to CZ, not an audited Binance disclosure. The report also discussed an analyst estimate of roughly $144 billion in assets held by Binance, but that comparison is not an independent accounting of the exchange’s balance sheet.
What remains unconfirmed
No original CZ post or Binance announcement was independently retrieved for this brief. The report does not establish a final loss amount, a compensation timetable or the full cause and scope of the suspected incident.
Source: BlockBeats report, published October 30, 2026 (China time).