Announced #Binance
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Binance Blog
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October 29, 2026: Binance security incident: Initial findings and response update.
On October 29, 2026, Binance suffered a serious and highly sophisticated security incident. This should not have happened, and we apologize for the concern, disruption, and uncertainty it caused our users, partners, and the industry as a whole.
Our primary responsibility is to protect users. Binance will bear the financial impact of the stolen funds, not our users. We have already reserved more than 100% of the funds needed to cover the losses. As of October 31, 2026, 98% of the affected token assets had been restored, as can be verified on our [Prueba de Reservas](https://www.binance.com/es-LA/proof-of-reserves) page. We are currently in the process of acquiring the remaining assets, which are less liquid.
Our primary responsibility is to protect users. Binance will bear the financial impact of the stolen funds, not our users. We have already reserved more than 100% of the funds needed to cover the losses. As of October 31, 2026, 98% of the affected token assets had been restored, as can be verified on our [Prueba de Reservas](https://www.binance.com/es-LA/proof-of-reserves) page. We are currently in the process of acquiring the remaining assets, which are less liquid.
