Binance — Service Updates and Security Action Items
On October 29, 2026 (UTC), Binance detected an unauthorized hot wallet withdrawal of approximately $6.3 billion, which was announced alongside an immediate pause on deposits and withdrawals.
What happened
On October 29, 2026 (UTC), Binance detected an unauthorized hot wallet withdrawal of approximately $6.3 billion, which was announced alongside an immediate pause on deposits and withdrawals. On October 30, 2026, Binance confirmed via an official announcement that all affected user funds will be 100% compensated using the SAFU fund and corporate capital, while the FBI officially identified the North Korea-linked group 'TraderTraitor' as the party behind the attack on October 31, 2026. Phased withdrawals (Phase 1) resumed between 06:00 and 09:00 (UTC) on November 1, 2026, for major assets including BTC, ETH, BNB, SOL, XRP, DOGE, Arbitrum, and Base, with deposits continuing to operate normally. Remaining networks will be restored sequentially upon security checks, and an updated Proof of Reserves disclosure is scheduled for publication on November 2, 2026.
What to check if you used this exchange
- Check the asset withdrawal page on the platform to verify whether withdrawal functionality for your specific token or network is currently active.
- Rely exclusively on official announcement channels and never share private keys, passwords, or OTP codes, as phishing and scam attempts impersonating customer support may increase.
- Review and strengthen your account security by proactively resetting your two-factor authentication (2FA), password, and API keys.
Verify everything in the exchange's own announcements. The source links below are the starting point.
This exchange in our data
The following is not borrowed reporting — these are values AntProfit collects and measures directly (as of 17:00 on 2 Nov KST).
- USDT spot markets we track on this exchange: 517
- Combined 24h turnover of those markets: $3.1B
- Measured fill cost (buying ALGO): a $100 order slips 0% — the book is deep (fills are normal)
Normal-looking numbers do not mean safety — regulatory and withdrawal problems show up in prices and books only later.
For AntProfit users
- If you have this exchange connected to AntProfit, check its own deposit and withdrawal status first. If the exchange halts withdrawals, our service cannot move those assets either.
- We only accept API keys without withdrawal permission. Moving assets is always something you do yourself on the exchange.
- This article does not urge you to use or leave any exchange. It gathers the facts and sources you need to judge for yourself.
Detected 2026-11-02 16:00 · assessment: high risk · you can check the original sources below.
🔗 Sources
- 2026 Binance hack - Wikipedia — en.wikipedia.org
- Binance Hack (October 2026): What Was Stolen and What Users Should Do | Scambaba — scambaba.com
- The largest theft in history: North Korea behind the $6.4 billion Binance hack | Elliptic — www.elliptic.co
This article is edited by AntProfit from our own measured data and public sources. It is information, not a recommendation to trade — please check the sources as well.