Binance said deposits have not been affected and are proceeding as usual, while withdrawals remain suspended until its team completes comprehensive security fixes to the withdrawal service and related addresses. In an update on X, the platform said it expects withdrawals to resume within 48 hours and will provide further details.
According to the announcement, the incident resulted from several factors. The security team is working to trace the full attack path through a compromised device that may have been the point of entry. A comprehensive report detailing the root cause will be released later.
Binance said it will continue sharing updates through its official channels
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