Binance estimates that the hack resulted in $6.3 billion in stolen funds, while TRM Labs puts the figure at $6.36 billion, four times the previous Bybit record. The platform suspects the compromised laptop of a DevOps engineer, but the root cause has not yet been established and no evidence of a private-key leak has been found. Stablecoin issuers froze approximately $3 billion, while $2.4 billion in bitcoin and ether remain beyond their reach. Binance suspended withdrawals for 48 hours to rebuild its service, deposits continue, and the platform has committed to covering all losses.
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