Expect a wave of fake messages saying: "Your money has been stolen. Click to claim your compensation."
How to tell the real from the fake:
❌ Any link in an email or message: don’t click
❌ A request for your password, OTP, or recovery phrase: 100% a scam
✅ Open the app yourself and read the official announcements
✅ Use only official social media accounts
Binance itself said: We will never ask you for this information.
📚 Sources:
Binance on X: Security Incident Update #2
Decrypt: decrypt.co/382237/binance-sets-aside-6-34b-to-cover-hack-losses-ceo-says-your-assets-are-safe
TheStreet: thestreet.com/crypto/markets/how-much-of-binances-emergency-fund-is-available
TechCrunch: techcrunch.com/2026/10/29/binance-pauses-withdrawals-as-hackers-suspected-of-stealing-billions-in-crypto/
How to tell the real from the fake:
❌ Any link in an email or message: don’t click
❌ A request for your password, OTP, or recovery phrase: 100% a scam
✅ Open the app yourself and read the official announcements
✅ Use only official social media accounts
Binance itself said: We will never ask you for this information.
📚 Sources:
Binance on X: Security Incident Update #2
Decrypt: decrypt.co/382237/binance-sets-aside-6-34b-to-cover-hack-losses-ceo-says-your-assets-are-safe
TheStreet: thestreet.com/crypto/markets/how-much-of-binances-emergency-fund-is-available
TechCrunch: techcrunch.com/2026/10/29/binance-pauses-withdrawals-as-hackers-suspected-of-stealing-billions-in-crypto/