Binance has officially confirmed that it is handling a “potential security issue” and stated clearly that Binance will cover all losses resulting from it, and that user funds are safe. As a precaution, all deposits and withdrawals have been temporarily suspended. Trading related to Binance Alpha has also been suspended and will resume once the security issue is resolved. Binance advises users to rely only on official channels and beware of fake links and requests for account information.
On-chain analysis shows that assets worth approximately $5.7 billion to $5.8 billion were transferred from the addresses involved, but Binance has not yet determined the final amount of losses. Stablecoins have been frozen on a large scale: Binance most recently confirmed that approximately $3 billion has been frozen in total, up from the previously confirmed figure of about $2.54 billion. It said it would continue working with law enforcement, issuers, and on-chain intelligence firms to track down and freeze more assets. Cobo co-founder Fish Yu said in a review that at around 4:20 a.m. on October 30 (UTC+8), the attacker broadcast an authorization transaction and transferred funds in batches about three minutes later. The method involved Ethereum EIP-7702. Founder Changpeng Zhao said, “It does indeed look like a hack targeting Binance.”
In the markets, $BTC fell below $78,000, with Binance spot trading at around $77,300, down about 4.7% over 24 hours; $BNB was around $697, down about 7.8%. Check Binance’s latest official announcement for updates on when deposits and withdrawals will resume.
#BTC #BNB #币安 This does not constitute investment advice.
On-chain analysis shows that assets worth approximately $5.7 billion to $5.8 billion were transferred from the addresses involved, but Binance has not yet determined the final amount of losses. Stablecoins have been frozen on a large scale: Binance most recently confirmed that approximately $3 billion has been frozen in total, up from the previously confirmed figure of about $2.54 billion. It said it would continue working with law enforcement, issuers, and on-chain intelligence firms to track down and freeze more assets. Cobo co-founder Fish Yu said in a review that at around 4:20 a.m. on October 30 (UTC+8), the attacker broadcast an authorization transaction and transferred funds in batches about three minutes later. The method involved Ethereum EIP-7702. Founder Changpeng Zhao said, “It does indeed look like a hack targeting Binance.”
In the markets, $BTC fell below $78,000, with Binance spot trading at around $77,300, down about 4.7% over 24 hours; $BNB was around $697, down about 7.8%. Check Binance’s latest official announcement for updates on when deposits and withdrawals will resume.
#BTC #BNB #币安 This does not constitute investment advice.
