Binance said in its first 30 October update that it had found no evidence of any wallet private key leak.
We have found no evidence of any wallet private key leak.
Independent record. Not associated with, endorsed by or operated by Binance. We will never ask you to connect a wallet, log in or pay to recover funds.
An independent record of the October 2026 Binance hack
Statements from Binance-published sources, and from people whose recorded role mentions Binance, in date order, oldest first. These are official statements: the party said it, which is not the same as it being true.
110 approved statements.
We have found no evidence of any wallet private key leak.
Please rely only on official Binance channels for updates.
We are working closely with our law enforcement partners to confirm the identity of these criminals and bring them to justice.
Binance's initial investigation suggests that the security incident may involve a compromised DevOps engineer’s laptop, which allowed an attacker to gain access to a service container and submit unauthorized withdrawal transactions. We have found no evidence of any wallet private key leak.
The estimated total impact sits at around $6.3B.
We have worked with blockchain partners to freeze affected assets, with ~$3 billion frozen on-chain so far.
Binance will cover all losses from the SAFU fund and the company’s funds. User funds are safe.
As an immediate precaution, Binance has: - temporarily suspended withdrawals while security checks are completed; - revoked the affected address authorisation; - engaged law enforcement and blockchain intelligence partners to trace and recover funds.
Note: This announcement was updated on 2026-10-30 to clarify deposits remain unaffected and continue to operate as normal.
Binance said withdrawals remain paused while it completes a security revamp of its withdrawal service and related addresses, with service expected to resume within 48 hours.
Reviewer note: Event time is the time Cointelegraph stamped its live-blog entry (4:17 am UTC), not a time stated by the speaker.
Binance said it was investigating a potential security issue, then said it had temporarily suspended withdrawals on multiple networks as a precaution. Binance has said user funds are safe.
Binance co-CEO Yi He said Ripple helped stop about USD 200 million from moving; TRM has confirmed the 40.5 million RLUSD freeze onchain.
Reviewer note: Yi He's figure is Binance's side of a disagreement: TRM confirmed 40.5 million RLUSD frozen on-chain.
“Our investigation has not attributed responsibility to any individual,” he wrote.
Binance has said the attack began with a compromised employee laptop and involved multiple breach points. It found no evidence of private-key leakage and said roughly $3bn of affected assets had been frozen.
Binance has pledged to meet customer losses through its SAFU reserve and company resources, announcing more than $6.34bn of company funds separate from roughly $3bn of frozen assets.
Binance’s investigation into its $6.3 billion hack has uncovered “additional points of breach,” the exchange said , after initially pointing to a potentially compromised laptop. The exchange said it was still gathering facts in coordination with law enforcement. Binance said it remained on track to resume withdrawals in 45 hours, while deposits remained unaffected.
Reviewer note: Event time is the time Cointelegraph stamped its live-blog entry (8:37 am UTC), not a time stated by the speaker.
Binance has set aside more than $6.34 billion in company funds to cover losses from the hack, the exchange said. The company said $5 billion of those funds were already held in the same tokens affected by the attack.
Reviewer note: Event time is the time Cointelegraph stamped its live-blog entry (10:55 am UTC), not a time stated by the speaker.
Binance is buying altcoins in quantities matching those stolen in the hack as it prepares updated proof of reserves,
Reviewer note: Event time is the time Cointelegraph stamped its live-blog entry (11:07 am UTC), not a time stated by the speaker.
“We are still gathering the facts, and will share more directly as we have them,” it wrote.
Reviewer note: Binance post on X as relayed by Cointelegraph. Event time not stated.
A Binance spokesperson told Cointelegraph that the $5 billion in matching tokens is held in the exchange’s custody. The spokesperson declined to disclose wallet addresses, citing security reasons.
Reviewer note: Event time is the time Cointelegraph stamped its live-blog entry (12:41 pm UTC), not a time stated by the speaker.
The exchange also said it submits weekly reports on company funds to Abu Dhabi’s Financial Services Regulatory Authority under a requirement that predated the hack.
The spokesperson declined to disclose wallet addresses, citing security reasons. Binance did not disclose when it acquired the assets.
Binance said it has reserved over $6.34 billion in company funds to offset losses it suffered in a recent breach.
Ripple "promptly" froze roughly $200 million in associated funds, co-CEO Yi He [said]
Reviewer note: TRM, by contrast, confirmed a 40.5 million RLUSD freeze on-chain.
The attacker used an EIP-7702 delegation to gain execution authority over a hot wallet, Teng said. That delegation “did not pass through our normal approval controls.”
Reviewer note: Event time is the time Cointelegraph stamped its live-blog entry (2:34 pm UTC), not a time stated by the speaker.
Tracked Binance pages are captured again on a schedule. When the text of a page changes between two captures, the change is logged here and shown line by line on Changes.
No edits to tracked Binance pages have been detected yet.
Copies of Binance pages kept by the Internet Archive's Wayback Machine, captured before 29 October 2026, of selected pages: proof of reserves, about, security-related help articles and terms of use. They show what a page said when the Wayback Machine's crawler saw it, which can be later than when the words were written, and they say nothing about what is true. A quote appears below only after a person has checked it against the archived copy and approved it.
No quote from an archived page has been approved yet.
No archived copy of a Binance page has been collected yet.