Binance outlines its response to the $6.3B hot-wallet breach

Binance's October 30 update confirms approximately $6.3 billion in unauthorized hot-wallet withdrawals. It says roughly $3 billion has been frozen and that it has committed company funds to covering losses. The exchange says investigators have discovered more than one breach point, with a technical post-mortem still pending. #binance #cryptosecurity #bitcoin #incidentresponse

Original report: Binance