WuBlockchain
Binance estimates the security incident affected approximately $6.3 billion in assets, with around $3 billion frozen on-chain. The exchange has temporarily suspended deposits and withdrawals and revoked the affected address authorization.
Why it matters
Binance’s initial investigation points to a possible compromise of a DevOps engineer’s laptop. The attacker may have used access to a service container to submit unauthorized withdrawal transactions. Binance says it has found no evidence that wallet private keys were leaked.
Market impact
Binance says it will cover all losses through its SAFU fund and company funds. Deposits and withdrawals remain suspended as the exchange investigates, with a detailed technical post-mortem still to come.
Source: [JavaScript is disabled](https://www.binance.com/en/support/announcement/detail/c5a8729a97ac486d963784d96c5642d7)
Frequently asked questions
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How much does Binance estimate was affected by the security incident?
Binance estimates the incident affected approximately $6.3 billion in assets.
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How much of the affected assets has been frozen on-chain?
Binance says around $3 billion in affected assets has been frozen on-chain.
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What does Binance's initial investigation suggest caused the incident?
The initial investigation suggests a DevOps engineer's laptop may have been compromised, giving an attacker access to a service container.
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Did Binance find evidence that wallet private keys were leaked?
Binance says it has found no evidence that wallet private keys were leaked.
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How does Binance say it will cover the losses?
Binance says it will cover all losses through its SAFU fund and company funds.
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