Binance puts the theft it suffered at 6,300 million and expects to resume withdrawals on Sunday

Binance, the world's largest cryptocurrency platform, estimates that about 6,300 million dollars were stolen from it on Thursday night, according to Bloomberg Línea and Infobae, which cites Reuters. It is the first figure the company has given: on Friday morning it had only reported the frozen funds. According to TRM Labs, cited by Infobae, the theft is about four times larger than the one at Bybit in February 2025, of about 1,500 million, the previous record.

The company has set aside more than 6,340 million dollars of its own funds to cover the losses, according to a spokesperson cited by Bloomberg Línea, not counting the nearly 3,000 million frozen by third parties such as Tether and Circle. According to Infobae, on Friday afternoon Binance said it had covered around 80% of the affected assets and was buying the rest on the market. Deposits are still working.

Co-founder Yi He said withdrawals will resume on Sunday, according to Bloomberg Línea; Infobae reports that the company spoke of a gradual reopening in about 34 hours, subject to security checks. Binance has promised a full report on the attack in about 48 hours and to publish a proof of reserves on Monday, November 2, according to Infobae.

According to co-CEO Richard Teng, cited by Infobae, the attack was complex, involved more than one person and used a compromised laptop and malware that erased its traces. Binance says the investigation is still open and that it has found no evidence that the private keys of its wallets were leaked. The analytics firms TRM Labs and Chainalysis attribute the attack to a North Korea-backed group, according to Bloomberg Línea and Infobae; Binance has not attributed it to anyone. According to TRM, the attacker still controls about 2,400 million dollars.