So it's still safe, everyone? I only have a few hundred dollars invested—if I get hacked, I'm done for.
Post
Binance Vietnam
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Summary of Information and Updates from Binance
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All users’ assets are safe. Binance will cover all losses, if any, and approximately $3 billion in funds have been frozen.
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1. Preliminary Investigation Findings
The preliminary investigation indicates that the security incident may have originated from a compromised laptop belonging to a DevOps engineer, which allowed the attacker to access a service container and submit unauthorized withdrawal transactions. We have found no evidence of any wallet private key leaks. A detailed technical summary report will be published once the investigation is complete and all facts have been fully verified.
Total losses are estimated at approximately $6.3 billion. We have coordinated with blockchain partners to freeze the affected assets, with approximately $3 billion frozen on-chain to date.
Binance will cover all losses using the SAFU Fund and company resources. User assets remain safe. Once remediation is complete, we will also publish an updated Proof of Reserves.
As an immediate precaution, Binance has:
• temporarily suspended deposits and withdrawals while completing security checks;
• revoked the authorization of the affected address;
• coordinated with law enforcement and blockchain intelligence partners to trace and recover the assets.
----------------------------
All users’ assets are safe. Binance will cover all losses, if any, and approximately $3 billion in funds have been frozen.
----------------------------
1. Preliminary Investigation Findings
The preliminary investigation indicates that the security incident may have originated from a compromised laptop belonging to a DevOps engineer, which allowed the attacker to access a service container and submit unauthorized withdrawal transactions. We have found no evidence of any wallet private key leaks. A detailed technical summary report will be published once the investigation is complete and all facts have been fully verified.
Total losses are estimated at approximately $6.3 billion. We have coordinated with blockchain partners to freeze the affected assets, with approximately $3 billion frozen on-chain to date.
Binance will cover all losses using the SAFU Fund and company resources. User assets remain safe. Once remediation is complete, we will also publish an updated Proof of Reserves.
As an immediate precaution, Binance has:
• temporarily suspended deposits and withdrawals while completing security checks;
• revoked the authorization of the affected address;
• coordinated with law enforcement and blockchain intelligence partners to trace and recover the assets.
