Binance co-founder Yi He stated that a cyberattack on October 30, 2026, affected approximately $6.3 billion in assets, of which about $3 billion has been frozen with the assistance of industry participants. Binance is rebuilding its security environment and reviewing wallets, with withdrawals expected to resume within the next 42 hours. The company will use its own funds to cover the stolen assets and plans to release a technical security audit report, cooperating with global law enforcement agencies to track down the hackers and funds.