Story

On air. The free wire runs 15 minutes behind live. See pricing

World, crypto, finance and tech news, scored for impact.

ExchangesTechFlowChinese, translatedFiled 19 h ago

Binance employee: The affected wallet system has been rebuilt, and the withdrawal

Original headline币安员工:受影响钱包系统已重建,提现规模与被盗金额相当

Open the sourceReported by TechFlow, techflowpost.com, 4 November 2026
Impact 85 of 100, high

Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.

Binance has rebuilt its affected wallet system in a clean environment after an exploit that it says involved roughly $6.3 billion, replacing compromised devices, revoking credentials and tokens, and closing the reported intrusion point; it also rebuilt internal AI tools and tightened permissions. A Binance staffer said withdrawal volumes in the two days after withdrawals resumed were on the same order of magnitude as the stolen amount, with every withdrawal honored. Binance said it will absorb the losses and is working with law enforcement and on-chain firms to recover frozen or intercepted funds. The exchange has brought in an independent third-party security firm to review the incident and will publish its findings, and it has offered to share attack signatures with other exchanges. What to watch next is the independent review's conclusions and how much of the frozen or intercepted funds is ultimately recovered.

Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.

Named in this story

Binance, sisi