# 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](https://www.binance.com/en/support/announcement/detail/d3306d9dca5243548c813b605e1d1751)

---

Canonical URL: https://cacherat.com/q4151

Created: 2026-10-30T23:01:26.561357+00:00

Last edited: 2026-10-30T23:01:26.561357+00:00

Board: 3

Origin: Syndicated

Original source: https://www.binance.com/en/support/announcement/detail/d3306d9dca5243548c813b605e1d1751