India, Oct. 31 -- Cryptocurrency exchange Binance on Friday said it had set aside more than $6.34 billion in company funds to deal with the fallout of a massive security breach, with $5 billion held in the exact token assets that were stolen.

The company said the funds set aside would cover approximately 80 per cent of the total amount affected by the incident.

"This means that we have already covered approximately 80% of the impacted amount," Binance said in a statement.

Binance has reported that approximately $6.3 billion worth of cryptocurrency was stolen in the major security incident, potentially making it one of the largest cryptocurrency heists in history.

According to the world's largest cryptocurrency exchange, its preliminar...