📣 Latest Update on the Binance Security Incident:
Binance has prepared over $6.34 billion in company funds for this incident. Approximately $5 billion has already been replenished in the corresponding affected tokens, covering about 80% of the affected amount. The remaining amount is being replenished through market and OTC channels.
Next steps:
1. Withdrawal Resumption: The technical team aims to begin restoring withdrawal services in phases within approximately 34 hours. Services will gradually reopen depending on the completion of security checks.
2. PoR Update: A new Proof of Reserves (PoR) snapshot is expected to begin within approximately 12 hours, with results planned for publication by November 2. Users will then be able to independently verify the platform’s latest asset reserves.
3. Investigation Update: No evidence of wallet private key leaks has been found so far. The investigation is ongoing, and more confirmed technical findings are expected to be shared within approximately 48 hours.
Binance will bear the full financial impact caused by this incident, and user funds are safe. We will continue to share the latest updates.
View the full announcement 👉https://www.binance.com/zh-CN/support/announcement/detail/d3306d9dca5243548c813b605e1d1751
Binance has prepared over $6.34 billion in company funds for this incident. Approximately $5 billion has already been replenished in the corresponding affected tokens, covering about 80% of the affected amount. The remaining amount is being replenished through market and OTC channels.
Next steps:
1. Withdrawal Resumption: The technical team aims to begin restoring withdrawal services in phases within approximately 34 hours. Services will gradually reopen depending on the completion of security checks.
2. PoR Update: A new Proof of Reserves (PoR) snapshot is expected to begin within approximately 12 hours, with results planned for publication by November 2. Users will then be able to independently verify the platform’s latest asset reserves.
3. Investigation Update: No evidence of wallet private key leaks has been found so far. The investigation is ongoing, and more confirmed technical findings are expected to be shared within approximately 48 hours.
Binance will bear the full financial impact caused by this incident, and user funds are safe. We will continue to share the latest updates.
View the full announcement 👉https://www.binance.com/zh-CN/support/announcement/detail/d3306d9dca5243548c813b605e1d1751