Binance estimated the damage from the security incident at $6.3 billion, of which $3 billion was able to freeze directly on the blockchain. The exchange promises to cover all losses and declare that users' funds are safe. The deposit and withdrawal of funds have been suspended. According to Binance, the attacker gained access to the service using a compromised laptop of one of the engineers and launched unauthorized inferences. No signs of private keys leaking from the wallet have been found yet. A detailed technical report will be published following the investigation. Former head of Changfeng Zhao admits that the platform is hacking. Do you think the event will hurt exchanges? Video Name: Yes, and Strong char - temporarily, if Binance covers everything it has - this has already happened in the BCS Express market.