Key facts
- Binance estimates the total impact of the security incident at $6.3 billion.
- Approximately $3 billion of the stolen assets have been frozen onchain.
- The exchange will cover all user losses from its SAFU fund and company funds.
- Deposits have resumed, but withdrawals remain suspended.
- The initial investigation pointed to a compromised DevOps engineer's laptop, but further investigation revealed "additional points of breach."
- No evidence of wallet private key leaks has been found.
Binance has identified "additional points of breach" in a security incident that cost approximately $6.3 billion, with about $3 billion frozen onchain. The exchange stated that a compromised DevOps engineer's laptop was initially suspected, but the attack was more complex. Binance will cover all user losses from its SAFU fund and company funds, and has resumed deposits while withdrawals remain suspended. The incident occurred on Thursday, October 30, 2026.