Binance says incident hit $6.3 billion; nearly $3 billion frozen
Original title: Binance Suffers Security Breach Affecting $6.3 Billion in Assets, Nearly $3 Billion Frozen
Binance blames a compromised DevOps laptop for unauthorized withdrawals and says SAFU will cover losses.
Binance said a Thursday security incident affected about $6.3 billion in assets, with nearly $3 billion frozen on-chain so far. It said an initial look suggests a compromised DevOps engineer's laptop let an attacker reach a service container and submit unauthorized withdrawals, and that there is no evidence of a wallet private-key leak. Tether said it froze more than 1.567 billion USDT and Circle 800 million; the Arbitrum Security Council froze about $30.5 million. Binance paused deposits and withdrawals and said the SAFU fund and its own funds will cover losses.
Unconfirmed: The laptop path is Binance's initial suggestion, and Chainalysis's stolen figure differs from the $6.3 billion Binance says was impacted.
- Chainalysis estimates about $5.912 billion stolen at the time of the theft.
- That estimate is nearly four times the next-largest crypto heist, per Chainalysis.
- The Bybit theft of about $1.5 billion in February 2025 was later attributed to North Korea.
- Binance revoked the affected address authorization and engaged law enforcement.
Impact: Unauthorized crypto withdrawals totaling billions of dollars
- Victims
- Binance
- Organizations
- TetherCircleArbitrum Security CouncilChainalysis
From the original article
1 min read at thehackernews.com
Cryptocurrency giant Binance said on Thursday that a "security incident" on its platform has impacted about $6. 3 billion worth of assets. The world's biggest cryptocurrency exchange said nearly $3 billion of those assets have been frozen on-chain so far.
thehackernews.com
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