Binance investigates reported security incident as assets are frozen
Business · First reported 29 Oct, 23:40 · Updated 23:58
Binance said it is investigating a potential security issue, temporarily suspended deposits and withdrawals, and reported that about $3 billion in affected assets had been frozen on-chain. The company estimated the total impact at around $6.3 billion, but had not confirmed that funds were stolen.
- Binance said it was investigating a potential security issue and had temporarily suspended deposits and withdrawals.
- The exchange estimated the impact at about $6.3 billion and said roughly $3 billion in affected assets had been frozen on-chain.
- A separate report said crypto worth billions of dollars had been frozen while a major exchange investigated a potential security issue.
Summary written by Lux AI from 2 articles
Key facts
- Binance’s estimated total impact
- About $6.3 billion
- Affected assets Binance said were frozen on-chain
- Roughly $3 billion
- Deposits and withdrawals
- Temporarily suspended during security checks and the response
Source spectrum
Far left
Left
Lean left
Centre
Lean right
Right
Far right
Left 1 · Centre 1 · Right 0 of 2 rated sources
All coverage
Coverage over time
LeftCentreRight
Articles per hour since first reported, by side.
Ownership
- Non-profit 50% (1)
- Corporation 50% (1)
Share of the 2 sources by owner type.