Binance Updates on the Progress of Security Incident Investigation, Ensuring User Funds Are Safe
2026-10-30 16:58:36
According to CoinMeta, in its latest statement, Binance updated the progress of the investigation into the security incident. Preliminary investigations suggest that the incident may have involved a compromised laptop, but subsequent investigations revealed more security vulnerabilities. Binance stated that the attack was complex and is coordinating with law enforcement authorities to resolve it. To ensure the safety of users' funds, Binance will cover all losses through the SAFU fund and company funds. It is expected that withdrawal services will be restored within 45 hours, while deposits will not be affected. Binance has frozen approximately $3 billion in affected assets and will continue to provide further updates through official channels.
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