Binance Finds 'Additional Points of Breach' in $6.3B Hack
Summary
Binance said its investigation into a security breach has uncovered additional points of compromise beyond the initially suspected DevOps engineer’s laptop. The exchange estimates losses at about $6.3 billion, while Arkham traced roughly $6.01 billion in outflows from hot wallets across nine blockchains. Binance said it has frozen withdrawals, is working with law enforcement and blockchain firms, and will cover losses using its SAFU reserve and company funds. Partners have frozen about $3 billion, but the attacker continued moving some funds. Binance expects withdrawals to resume in about 45 hours and plans to publish a technical post-mortem and updated proof of reserves after remediation.
