Binance to Resume Withdrawals Within 1.5 Days After $6.3 Billion Breach

Binance intends to gradually restore its withdrawal service within the next 1.5 days, provided security checks are completed successfully. The company announced this itself.

According to the exchange, $3 billion of the stolen digital assets have been recovered; more than half of the stolen funds remain frozen. A significant portion of the funds is still in the hands of unidentified hackers.

The breach occurred on the night of October 30. The estimated damage is $6.3 billion, which could make it the largest cryptocurrency theft in history — the attack surpassed a $1.5 billion theft from Bybit exchange in 2025 in scale. Initially, Binance believed a laptop belonging to one of its engineers had been compromised, but later stated that the scope of the attack was significantly broader.

Several analytical firms have linked this hacking attack to a North Korean hacking group. According to Binance's statement, the FBI is conducting a joint investigation.

The U.S. Secret Service stated that it is "working around the clock" to "identify, freeze, track, and recover" the stolen funds. The leading U.S. financial crimes investigative agency promised to "identify the perpetrating cybercriminals and hold them accountable." According to the company, the exchange's branch serving U.S.-based clients was not affected; however, the United States retains jurisdiction to investigate the breach and assist in recovering the stolen funds.