Cyberattack to Binance has an estimated impact of €5.6 billion

Binance, the world’s largest cryptocurrency trading platform, today revealed that the cybersecurity attack it was targeted has an estimated impact of $6.3 billion (€5.6 billion).

30/10/2026
by

Lusa

A Binance, the world's largest cryptocurrency trading platform, has today revealed that the cybersecurity attack that has been targeted has an estimated impact of 6.3 billion dollars (5.6 billion euros).

In a statement released on its official portal, the company explained that preliminary investigations point to the possibility that attackers may have compromised an operations engineer's laptop, being able to access one of the platform's systems and perform unauthorized surveys.

Binance stated that it has not yet found evidence that the private keys to its digital wallets have been compromised and has promised to disclose a detailed technical report after the completion of the investigation.

Binance freezes EUR 2.25 billion after cyber attack

The cryptocurrency trading platform Binance advanced on Thursday that it was the target of a massive cyber attack and that it froze more than 2.5 billion dollars (EUR 2.25 billion) to prevent undue withdrawal of funds.

Lusa

The company indicated that it worked with industry partners to freeze around 3,000 million dollars (EUR 2,700 million) in affected assets, although it has not yet determined the definitive value of the losses nor how much it can recover.

The platform has ensured that it will cover all possible losses through the user protection fund, known as the SAFU, and its own resources, ensuring that customer funds are protected.

As a precautionary measure, Binance temporarily suspended deposits and withdrawals, revoked the compromised access permits and requested cooperation from authorities and companies specialising in tracking cryptocurrencies transactions.

The platform announced that it will update the proof of reservations after the completion of the corrective measures.

Cyberattack exposes data from 41,000 US DHS employees

A non-governmental organization (NGO) specializing in disclosure of leaks indicated, on Wednesday, that it had published online data relating to more than 41,000 employees of the Department of Homeland Security of the United States.

Lusa

The incident caused falls in the main cryptocurrencies, with bitcoin falling more than 3%, to around 77,400 (EUR 69,190), while ether and BNB also suffered losses, according to the specialized portal CoinDesk.

In future markets, leveraged position settlements amounted to USD 1.5 billion (EUR 1.3 billion) at the same source.

Founded in 2017, in Shanghai, east China, by businessman Changpeng Zhao, Binance transferred operations out of China after Beijing's restrictions on cryptocurrency trading, operating internationally without a single headquarters.