Skip to main content
727 Finance
English

Binance: Some users' withdrawals are blocked due to a technical failure, and recovery is underway.

PANews October 30 news: Binance posted on X platform that it has noticed that some users are experiencing cryptocurrency withdrawal issues due to a technical error. The technical team is working hard to restore normal withdrawals and will provide timely updates once fully restored. User funds are safe (SAFU). Previously, Binance's hot wallet was suspected of being attacked, and on-chain data showed that related asset outflows may have reached $5.6 billion; Binance previously stated that user funds are completely safe and is still investigating potential security issues.

PANews October 30 news: Binance posted on X platform that it has noticed that some users are experiencing cryptocurrency withdrawal issues due to a technical error. The technical team is working hard to restore normal withdrawals and will provide timely updates once fully restored. User funds are safe (SAFU). Previously, Binance's hot wallet was suspected of being attacked, and on-chain data showed that related asset outflows may have reached $5.6 billion; Binance previously stated that user funds are completely safe and is still investigating potential security issues.

Related news

  1. Madagascar Ministry of Justice: 148 Chinese nationals involved in cryptocurrency fraud cases have been extradited.

  2. Talis Protocol market contract attacked, approximately 5,700 escrowed NFTs stolen.

    PANews November 2 news: Talis Protocol posted a disclosure that on October 31, an attacker exploited a vulnerability in its marketplace and auction contracts on...

  3. What Is EIP-7702? The Ethereum Upgrade Behind the Binance Hack Incident

    EIP-7702 allows regular Ethereum wallets to run smart contract code, thereby enabling batch transactions and sponsored transactions (paying Gas fees on behalf o...

  4. Analysis: Binance hacker laundered approximately $242 million through Tron within two days.

  5. He Yi denies rumor that "Binance engineer's relationship with North Korean spy led to theft"