Binance pledges to compensate users for $6.3bn hack
Binance has pledged to cover all losses from a security incident with an estimated impact of $6.3bn, after freezing around $3bn in crypto assets so far.
October 30, 2026 (MLN): Binance has pledged to cover all losses from a security incident with an estimated impact of $6.3bn, after freezing around $3bn in crypto assets so far. The world’s largest cryptocurrency exchange said on Friday that its initial investigation points to a compromised laptop belonging to a DevOps engineer, which let an attacker reach a service container and submit unauthorized withdrawal transa...