Binance co-CEO He Yi said in a video posted on X that assets affected by the recent hack incident totaled $6.3 billion. She said $3 billion has been frozen with help from participants across the industry, and that Binance expects to reopen withdrawals within the next 42 hours. According to He Yi, withdrawals were suspended earlier to make sure the broader environment was not contaminated. She also said the exchange is rebuilding its security environment, plans to release a detailed technical security audit report, and will continue tracking the hacker rather than dropping the investigation. The update outlines the scale of the affected assets, the amount already frozen, the expected timeline for restoring withdrawals, and Binance’s next steps on security review and follow-up action.
Odaily reported that Binance co-CEO He Yi said in a video posted on X that assets affected by the hack incident totaled $6.3 billion.
She said $3 billion has been frozen with help from industry participants, and that Binance expects to reopen withdrawals within the next 42 hours. He Yi said withdrawals had been closed earlier to ensure the overall environment was not contaminated.
She also said Binance is rebuilding its security environment, will later publish a detailed technical security audit report, and will not stop tracking the hacker.
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