According to the company on Friday, assets with a total value of around 6.3 billion dollars were affected. Of that amount, cryptocurrencies worth about 3 billion dollars were said to have been frozen. This was reported, among others, by the news agency “Bloomberg”.

As an immediate response to the security incident, Binance temporarily suspended all withdrawals. According to the company, it is working with law enforcement authorities and carrying out extensive security measures. Withdrawals were expected to resume by Sunday. This was announced by co-founder Yi He via the X platform.

Binance said it would cover all losses itself. Customer funds were safe. As a possible cause of the attack, the crypto exchange cited a…