Cryptocurrency exchange platform Binance's losses due to the "security incident" could amount to $6.3 billion, management reported on its X social network account. "The total damage is estimated at about 6.3 billion dollars. Working with our partners in the blockchain industry, we were able to freeze some of the affected assets; Currently, about $3 billion has been blocked directly on the blockchain. "Binance will cover all losses, the user's funds are safe," he emphasized. Previously, former Binance CEO Changfeng Zhao announced that the platform may have been hacked. It should be noted that "the security incident may be related to the penetration of an engineer's laptop". Binance has suspended all deposit and withdrawal operations.