Wu learned that Binance issued a security incident update on October 30th, stating that preliminary investigations indicate the attack may have involved the compromise of a DevOps engineer's laptop, granting the attacker access to the service container and allowing them to submit unauthorized withdrawal transactions. No evidence of wallet private key leakage has been found yet, and the specific cause is still under investigation. Binance stated that the incident is estimated to involve approximately $6.3 billion in assets, and it has partnered with blockchain partners to freeze approximately $3 billion in on-chain assets. The platform has temporarily suspended deposits and withdrawals, revoked authorizations for affected addresses, and is cooperating with law enforcement and on-chain analytics agencies to trace funds. Binance has pledged to cover all losses through the SAFU fund and its own funds to ensure user asset security. It will update its Proof-of-Reserve (PoR) after the remediation work is completed and will also release a detailed technical review report. https://(wublock123.com)/news/binance-hacked-6-3bn-frozen-3bn-will-cover-losses-70999