FOX · 2026-10-30 03:52 UTC

Binance says security incident had estimated $6.3B impact, $3B in assets frozen

Binance reported a major security incident with an estimated $6.3 billion impact and $3 billion in frozen assets, temporarily suspending deposits and withdrawals. The company pledged to cover all customer losses through its Secure Asset Fund for Users (SAFU) and company funds. Initial investigation suggests a compromised DevOps engineer laptop may have allowed unauthorized withdrawal transactions; Bitcoin fell roughly 2% following the announcement.

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