deposits as it conducts security checks, freezes funds and coordinates with law enforcement. It previously confirmed it had suspended withdrawals.
Cointelegraph reported at 00:07 UTC on 30 October that Binance said it had temporarily suspended deposits.
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Flagged as conflicting
- Cointelegraph reported at 00:07 UTC on 30 October that Binance said it had temporarily suspended deposits. A note on Binance's first 30 October update says it was updated to clarify that deposits remain unaffected. Compare with 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. (Binance). Side by side
Other statements from the same source
Cointelegraph reported that Blockaid said it had identified roughly $3.3 billion in suspicious transfers involving Binance-linked wallets across Ethereum, Arbitrum and Avalanche.
Blockchain security firm Blockaid said its team had identified roughly $3.3 billion in suspicious transfers involving Binance-linked wallets across Ethereum, Arbitrum and Avalanche.
Cointelegraph reported that Circle CEO Jeremy Allaire said Circle had frozen more than $800 million in USDC in coordination with law enforcement.
Circle CEO Jeremy Allaire said the company had frozen more than $800 million in USDC in coordination with law enforcement and would continue supporting the investigation.
Cointelegraph reported that Richard Teng said the attacker used a self-destruct mechanism to destroy tools and traces, complicating the investigation.
Teng also disclosed that the attacker used a “self-destruct mechanism” to destroy tools and traces during the breach, complicating the investigation.
Cointelegraph reported that co-CEO Richard Teng said Binance was aiming to resume withdrawals within 40 hours and publish a full proof-of-reserves report by Monday.
Binance is aiming to resume withdrawals within 40 hours and publish a full proof-of-reserves report by Monday, co-CEO Richard Teng [said]
Cointelegraph reported that co-CEO Richard Teng said the attacker used an EIP-7702 delegation to gain execution authority over a hot wallet, and that the delegation did not pass through Binance's normal approval controls.
The attacker used an EIP-7702 delegation to gain execution authority over a hot wallet, Teng said. That delegation “did not pass through our normal approval controls.”