Binance detected a security issue and paused all trading, deposits, and withdrawals. An attacker compromised a DevOps engineer’s laptop to access a service container. The attacker submitted unauthorized withdrawal transactions totaling $6.3 billion. Binance froze $2.5 billion in assets and expects the figure to rise. It found no evidence of wallet private key leaks. Binance promised to cover any customer losses. Trading remains halted while the investigation continues. The method of laptop compromise is still unknown.
What changed
Trading, deposits, and withdrawals were active before the incident.
What it unlocks
Binance can now trace and freeze assets linked to the compromised engineer’s laptop.
- $6.3 billion unauthorized trades
- $2.5 billion assets frozen
Sources