Institutional Update on Security Incident #2 (2026-10-30)
Dear Binancers, Over the past 24 hours, our teams have worked around the clock to respond to a serious security incident involving unauthorized withdrawals of funds. At approximately 20:05 (UTC) on October 29, 2026, our hot wallets were compromised, resulting in a loss of approximately US$6.3 billion in tokenized assets.
We recognize the severity of this incident and the concern it has caused throughout our community. We are treating this case as our highest priority. We have been working around the clock on the security investigation, upgrading our systems infrastructure, preventing further losses, and recovering funds. In this update, we want to provide a clear summary of what has been done over the past 24 hours and what we are working to achieve.