OfficialamountStatement 162
The estimated total impact sits at around $6.3B.
Binance said in its Security Incident Update dated 2026-10-30 that the estimated total impact sits at around $6.3B.
This line is our short summary of the quote below. The quote is the evidence.
Figures from this statement
- Reported impact: $6,300,000,000.00 as of
Other statements from the same source
OfficialreservesStatement 916
Binance said in its Security Incident Update dated 2026-10-30 that it will also publish an updated Proof of Reserves once the remediation is complete.
We will also publish an updated Proof of Reserves once the remediation is complete.
OfficialresponseStatement 166
Binance added a note to its Security Incident Update dated 2026-10-30 saying the announcement was updated on 2026-10-30 to clarify that deposits remain unaffected.
Note: This announcement was updated on 2026-10-30 to clarify deposits remain unaffected and continue to operate as normal.
OfficialwithdrawalsStatement 165
Binance said in its Security Incident Update dated 2026-10-30 that as an immediate precaution it had temporarily suspended withdrawals, revoked the affected address authorisation, and engaged law enforcement and blockchain intelligence partners.
As an immediate precaution, Binance has: - temporarily suspended withdrawals while security checks are completed; - revoked the affected address authorisation; - engaged law enforcement and blockchain intelligence partners to trace and recover funds.
OfficialrecoveryStatement 164
Binance said in its Security Incident Update dated 2026-10-30 that it will cover all losses from the SAFU fund and the company's funds, and that user funds are safe.
Binance will cover all losses from the SAFU fund and the company’s funds. User funds are safe.
OfficialfreezeStatement 163
Binance said in its Security Incident Update dated 2026-10-30 that it had worked with blockchain partners to freeze affected assets, with about $3 billion frozen on-chain so far.
We have worked with blockchain partners to freeze affected assets, with ~$3 billion frozen on-chain so far.