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Binance: Impact of security breach estimated at about $6.3 billion

Binance said the total impact of the potential security breach is estimated at about $6.3 billion and that it will cover all losses.

The Baku NEWS·30 October 2026 at 07:39 (Baku time)
Binance: Impact of security breach estimated at about $6.3 billion

The Binance cryptocurrency exchange said the total impact of the potential security breach is estimated at about $6.3 billion.

The exchange said it will cover all losses through its user insurance fund and the company's own funds.

According to Binance, preliminary investigations have found no evidence that private keys of digital wallets were leaked.

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