BITWU.ETH 🔆|Oct 31, 2026 00:42
Binance $6.3 Billion Theft Incident | Key Points of the Second Official Announcement: Binance commits to assuming full responsibility for the $6.3 billion loss, prepares corresponding compensation assets, and is advancing the recovery of approximately $3 billion in frozen assets. A timeline for withdrawal resumption and reserve disclosure has also been proposed.
1️⃣ Confirmed theft of approximately $6.3 billion;
2️⃣ Binance commits to fully assuming responsibility for the loss;
3️⃣ Approximately $3 billion in stolen assets have been frozen;
4️⃣ Preliminary investigation: The attack may not have been limited to employee computer intrusion; the attack path may be more complex;
5️⃣ Withdrawal resumption timeline: Phased resumption of withdrawals is planned to begin approximately 34 hours after the announcement;
6️⃣ Preparation to release new Proof-of-Reserve (PoR): The first reserve snapshot is planned for approximately 12 hours after the announcement.
7️⃣ A full incident recap will be released later: Binance promises to disclose the attack process, security vulnerabilities, remedial measures, and plans to prevent recurrence.
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