Binance says the breach has an estimated $6.3 billion impact, with about $3 billion frozen onchain.

Binance says its initial investigation points to a compromised DevOps engineer’s laptop.

The laptop may have allowed access to a service container and unauthorized withdrawal transactions.

The exchange says it found no evidence of a wallet private-key leak, and its investigation remains ongoing.

Binance pledged to cover all losses and publish an updated Proof of Reserves after remediation.

💬 How much should exchanges disclose during an ongoing breach?

Source: Bitcoin Magazine, CoinDesk, Cointelegraph

Trading crypto from Dubai since 2019.

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