Subsequent investigations by Binance uncovered additional points of compromise, beyond what had previously been reported about the breach of a laptop belonging to a DevOps engineer.
The platform described the attack as “sophisticated,” noting that it is still gathering facts while coordinating with law enforcement.
Binance confirmed that it will cover all losses through the Secure Asset Fund for Users (SAFU) and the company’s own funds.
Withdrawals remain suspended and are expected to resume in approximately 45 hours, while deposits continue as usual.
Outflows from the platform stopped immediately after withdrawals were suspended.
So far, assets worth approximately $3 billion affected by the attack have been frozen.
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