Binance said deposits are unaffected and continue to operate normally, but withdrawals remain suspended while the team conducts a comprehensive upgrade of its withdrawal services and the security measures for related addresses. In an update posted on X, the exchange said it expects to resume withdrawals within 48 hours and will provide further details.
The announcement said the incident was caused by multiple factors. The security team is tracing the full attack path, including investigating a compromised computer that may have served as the point of entry. A comprehensive report explaining the root cause of the incident will be released later.
Binance said it will continue to share updates through its official channels.
The announcement said the incident was caused by multiple factors. The security team is tracing the full attack path, including investigating a compromised computer that may have served as the point of entry. A comprehensive report explaining the root cause of the incident will be released later.
Binance said it will continue to share updates through its official channels.