SAFU

Binance Halts Deposits and Withdrawals After Suspected $6.3 Billion Breach via Compromised DevOps Laptop

Binance suspended all deposits and withdrawals following a major security incident that potentially exposed around $6.3 billion in assets. The exchange believes the attacker gained initial access through a compromised laptop belonging to a DevOps engineer, which may have allowed unauthorized transactions from a service container. No evidence of private key leakage from wallets has been found so far. The company has frozen approximately $3 billion in blockchain assets with partner assistance and revoked authentication for the affected address. Binance stated it will cover all losses using its SAFU fund and internal resources, then publish updated proof of reserves once the incident is resolved. The investigation remains ongoing, with the laptop compromise theory still preliminary, and a full technical report will be released later.