Cryptocurrency exchange Binance said on Saturday that it had set aside more than $6.34 billion in company funds to cover losses from a $6.3 billion security breach, with around 90% of the stolen token assets already replenished. The exchange said it is working 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 that users do not bear the losses.

“Our last update explained that Binance had set aside more than $6.34B in company funds to cover hacked losses, and we had already covered approximately 80% of the impacted amount of the hacked loss at that…