Binance has identified new points of entry used by hackers in the $6.3 billion breach

Binance, the world's largest cryptocurrency exchange, reported that it had "discovered additional points of compromise" that attackers may have exploited during the attack. According to the company’s estimates, the hack affected approximately $6.3 billion. The exchange has already begun returning the affected assets to users, it said on social media platform X.

Binance initially assumed that the incident might have been caused by a hack of one of its engineers’ laptops, but later stated that a subsequent investigation revealed other ways in which the attackers gained access to its systems. Binance did not specify exactly what those vulnerabilities were. The company also stated that it is cooperating with law enforcement agencies to investigate the attack, which, according to Reuters, was the largest in history.

Binance added that the exchange will publish a “detailed technical analysis [of the incident] once the investigation is complete.”

The crypto exchange also stated that user funds are safe and that it will cover all losses using the SAFU insurance fund and its own funds. “Binance has already set aside more than $6.34 billion of its own funds to cover losses from the incident,” the company said in a post on X. Earlier, Reuters reported that, together with its partners—including the stablecoin issuers Tether and Circle—the crypto exchange had frozen approximately $3 billion in assets.

Customers can once again deposit funds into their accounts as usual. Withdrawals are scheduled to resume within 48 hours, the exchange announced on Friday.

The incident affected more assets than all the hacks combined throughout 2025: at that time, after nearly 150 attacks in the crypto industry, attackers stole $2.9 billion, according to a report by blockchain analytics firm TRM Labs. The firm’s experts also stated in a blog post that they believe, with a “high degree of confidence,” that the North Korean hacking group TraderTraitor was involved in the breach. Last year, the FBI determined that the same group was behind an attack on the Dubai-based cryptocurrency exchange Bybit, during which $1.5 billion was stolen.

Binance has not yet identified who, in its view, is responsible for what happened.

After the crypto exchange reported the attack, Bitcoin fell below $77,000 for the first time since September. On Friday morning, the cryptocurrency recouped some of its losses and was trading around $78,200, whereas for most of the week, Bitcoin had hovered around $80,000.

This article was AI-translated and verified by a human editor