Billions of dollars worth of crypto assets have been transferred from Binance wallets. The founder of the crypto exchange Zhangfeng Zhao said that it is similar to a hacker attack according to Bitcoin System, first the volume of transfers amounted to about 2.77 billion dollars, later there were reports of transfers of more than 5 billion dollars, but there is still no confirmation of the theft of the funds. About 2 billion was transferred from the Ethereum wallet, and another 1,409 BTC was transferred from the Bitcoin address. The amount given is the estimate of the transfers and not the stated amount of damage. "User funds are safe! It really looks like a Binance hack,” Binance founder Zhangfeng Zhao wrote on X. He thanked Link and Circle for quickly freezing the stolen light coins. Zhao clarified that he no longer manages Binance, but, as a shareholder, he expects the exchange to fully cover all customer losses. Ahead of October 28, Zhao urged users not to open links in emails or download attachments. He warned that the threat can come even from people they know, whose computers are infected with viruses they didn't know about. Binance said its team is aware of reports of a possible security issue and is actively investigating, noting that there is no threat to user funds. "Our security service studies all available information as a matter of priority. We will share updates through the official Binance channels as soon as we receive verified data. We urge users to be vigilant: beware of scams, do not click on suspicious links and do not respond to messages or requests regarding your account details if they come from unofficial sources," the post reads. At the same time, several media reported that hackers from North Korea may be behind the possible hacking of Binance.

Billions of dollars worth of crypto assets have been transferred from Binance wallets. The founder of the crypto exchange Zhangfeng Zhao said that it is similar to a hacker attack according to Bitcoin System, first the volume of transfers amounted to about 2.77 billion dollars, later there were reports of transfers of more than 5 billion dollars, but there is still no confirmation of the theft of the funds. About 2 billion was transferred from the Ethereum wallet, and another 1,409 BTC was transferred from the Bitcoin address. The amount given is the estimate of the transfers and not the stated amount of damage. "User funds are safe! It really looks like a Binance hack,” Binance founder Zhangfeng Zhao wrote on X. He thanked Link and Circle for quickly freezing the stolen light coins. Zhao clarified that he no longer manages Binance, but, as a shareholder, he expects the exchange to fully cover all customer losses. Ahead of October 28, Zhao urged users not to open links in emails or download attachments. He warned that the threat can come even from people they know, whose computers are infected with viruses they didn't know about. Binance said its team is aware of reports of a possible security issue and is actively investigating, noting that there is no threat to user funds. "Our security service studies all available information as a matter of priority. We will share updates through the official Binance channels as soon as we receive verified data. We urge users to be vigilant: beware of scams, do not click on suspicious links and do not respond to messages or requests regarding your account details if they come from unofficial sources," the post reads. At the same time, several media reported that hackers from North Korea may be behind the possible hacking of Binance.