Binance: Security incident may involve a DevOps engineer's computer being compromised; no private key leakage found; total losses estimated at approximately 63 billion USD.

PANews October 30 news: Binance has released an update on the security incident. Its preliminary investigation shows that the security incident may involve the compromise of a DevOps engineer's laptop, which allowed attackers to access a service container and submit unauthorized withdrawal transactions. Binance stated that it has found no evidence of any wallet private key leakage and will publish a detailed technical post-mortem after the investigation is completed and the facts are fully verified. Binance estimates total losses of approximately $6.3 billion, has cooperated with blockchain partners to freeze affected assets, and about $3 billion has currently been frozen on-chain. Binance will bear all losses through the SAFU fund and corporate funds, user funds are safe, and it will publish an updated proof of reserves after remediation is completed. As an immediate preventive measure, Binance has temporarily suspended deposits and withdrawals, revoked authorizations for affected add

PANews October 30 news: Binance has released an update on the security incident. Its preliminary investigation shows that the security incident may have involved the compromise of a DevOps engineer's laptop, which allowed attackers to access a service container and submit unauthorized withdrawal transactions. Binance said it has found no evidence of any wallet private key leakage and will publish a detailed technical post-mortem after the investigation is completed and the facts are fully verified.

Binance estimates total losses of approximately $6.3 billion, has cooperated with blockchain partners to freeze affected assets, and about $3 billion has currently been frozen on-chain. Binance will bear all losses through the SAFU fund and corporate funds, user funds are safe, and it will publish an updated proof of reserves after remediation is completed. As an immediate preventive measure, Binance has temporarily suspended deposits and withdrawals, revoked authorizations for affected addresses, and is working with law enforcement and blockchain intelligence partners to track and recover funds. Binance said it is working around the clock and cooperating closely with law enforcement partners to confirm the attackers' identities.