Service Update – Security Incident
Fellow Binancians,
Deposits remain fully operational. Withdrawals are paused while we complete a comprehensive security revamp of the withdrawal service and related addresses. We remain on track to resume within the previously communicated ~48-hour window and will confirm the exact timing shortly.
Our investigation confirms a complex attack that began with a compromised endpoint and involved unauthorized withdrawal transactions. There is no evidence of private-key compromise. We have frozen ~$3B on-chain with ecosystem partners and reserved over $6.34B in company funds to cover every confirmed shortfall through the SAFU fund and company resources. User funds are safe.
We are working non-stop with law enforcement and industry partners on tracing, freezing, and recovery. A full technical post-mortem and updated Proof of Reserves will be published once remediation is complete.
Please rely only on official Binance channels for updates. Thank you for your patience and support.
Funds are SAFU.