Investigation update: Our initial investigation suggested that the security incident may have involved a compromised laptop; however, our subsequent investigation has uncovered additional points of breach.
This was a complex attack, and we are doing everything possible in coordination with law enforcement to resolve it. We are still gathering the facts, and we will share more directly as we learn them.
Binance will cover all losses from the SAFU fund and company funds. User funds are safe.
We remain on track with the expected timeline to resume withdrawal services in 45 hours. Deposits remain unaffected.
Outflows stopped when we paused withdrawal services earlier. We are still working with partners to freeze many of the affected assets, and we have frozen around $3 billion so far.
We will continue to provide further updates through Binance’s official channels as more verified information becomes available.
This was a complex attack, and we are doing everything possible in coordination with law enforcement to resolve it. We are still gathering the facts, and we will share more directly as we learn them.
Binance will cover all losses from the SAFU fund and company funds. User funds are safe.
We remain on track with the expected timeline to resume withdrawal services in 45 hours. Deposits remain unaffected.
Outflows stopped when we paused withdrawal services earlier. We are still working with partners to freeze many of the affected assets, and we have frozen around $3 billion so far.
We will continue to provide further updates through Binance’s official channels as more verified information becomes available.