Binance said the SAFU fund and company funds will cover losses from the reported security incident and reiterated that user funds are safe.
Precautionary measures
The exchange said it temporarily suspended deposits and withdrawals while checks continue, revoked authorizations for affected addresses, and contacted law-enforcement and blockchain-intelligence partners.
Further disclosure planned
Binance said it will publish an updated proof of reserves after remediation is complete. This report focuses on the exchange’s funding and safety statement and does not add unverified incident totals.
Sources: BlockBeats report and Binance post mirror, published October 30, 2026 (China time).