Binance covers $6.3 billion in hacking losses and releases industry revenue data.

Binance used its own funds, the SAFU fund, and futures insurance funds to cover approximately 95% of the losses from last week's $6.3 billion hack and reopened withdrawals on November 1st. The report also listed the revenue figures for major players in the crypto industry over the past year: Binance estimated revenue at $5 billion to $10.7 billion, Tether at $5.96 billion, Coinbase at $5.65 billion, Circle at $2.38 billion, Hyperliquid at $663 million, Tron at $334 million, Pump(dot)fun at $330 million, Grayscale at $197 million, Sky at $193 million, and GMGN at $158 million (Source: Bloomberg).