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Live Updates  >  Live Update Details

2026-10-31 00:02:34

Binance co-founder He Yi revealed that the total amount of funds affected by this hot wallet theft was over three billion US dollars, representing approximately 2% of user assets and public reserve assets. He Yi stated that user funds are completely safe, and the temporary suspension of withdrawals was to prevent further losses. She also expressed gratitude for the assistance provided by industry professionals. Binance will continue to increase its investment in security and strengthen its efforts to combat hacking-related illegal activities.

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