Binance says a security incident allowed unauthorised withdrawal transactions and has an estimated total impact of about US$6.3 billion. In a 30 October statement, the exchange said it had worked with blockchain partners to freeze roughly US$3 billion of affected assets. These are Binance’s preliminary figures and may change as its investigation continues.

The exchange said its initial investigation pointed to a compromised employee laptop as a possible entry point, but it had found no evidence that wallet private keys had leaked. Binance said it would cover user losses from its SAFU fund and company money. It temporarily suspended deposits and withdrawals while carrying out security checks; users should check Binance’s official channels for the latest service status.

The Financial Services Regulatory Authority of Abu Dhabi Global Market said it was aware of the unauthorised withdrawals and was engaging with Binance while monitoring the incident. The cause and full losses have not yet been independently established.

Sources: Binance security incident update (30 October 2026) — https://www.binance.com/en-TR/support/announcement/detail/c5a8729a97ac486d963784d96c5642d7 ; ADGM FSRA statement — https://www.adgm.com/media/announcements/fsra-statement-regarding-security-incident-involving-binance

Image: AI-generated editorial illustration of a generic cybersecurity operations room. It does not depict Binance’s systems, staff or the actual incident.