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Binance Reports More Breach Points in $6.3 Billion Attack

Binance Reports More Breach Points in $6.3 Billion Attack

Photo: TokenPost

Binance has reported additional breach points tied to an attack valued at $6.3 billion, as withdrawals remain paused and the exchange estimates it will take about 45 hours to resume them. The company says it will cover all losses through its SAFU reserve and corporate funds. That is Binance’s stated funding plan for the incident’s financial impact, while the withdrawal pause remains in effect. The 45-hour figure is an estimate for restoring withdrawals, not confirmation that service has returned. For Binance users, the immediate details are the continuing withdrawal restriction and the company’s pledge to fund the losses.

Also reported by The Defiant.

Source: TokenPost

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