New Delhi, Oct. 31 -- Cryptocurrency exchange Binance has set aside more than USD 6.34 billion in company funds to cover losses from the USD 6.3 billion security breach, with about 80 per cent of the stolen token assets already replenished, as the company works to restore withdrawal services in phases.

In its second security incident recovery update, Binance said it would absorb the entire financial impact of the theft through its Secure Asset Fund for Users (SAFU) and corporate treasury, ensuring users do not bear the losses.

"We want to be clear about our commitment: Binance will absorb the financial impact of these stolen funds, not our users," the exchange said in the statement.

The company said it had already secured USD 5 billion...