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Binance Security Incident: Withdrawal Status, Timeline and FAQs

0Importance
closedStatus
1News media
4Pieces
Published
Updated
Since then
4 new reports
In
Hacks and securityExchanges
Also mentions
BTC
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Key claims & sources

Summary in preparation.

Market reaction i

BNBBNB it is the asset of the company or protocol in the event
first headline
-4.8% 2 h before
-2.0% 4 h after
$708.97price at publication
12data points

The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 29 23:32
+8 h 54 m
Oct 30 08:26
The Defiant adds
Adds $3B, with quotes
+9 h 22 m
Oct 30 08:54
+9 h 59 m
Oct 30 09:31
The Defiant echo
No new facts: completing, transfers, screening; with quotes

Thefts of a similar size

WhenWhat happenedFigure
5.9 years ago LuBian · Weak key generation incident $3.5B
5.5 years ago Thodex · Scam incident $2.5B
5.4 years ago Africrypt · Scam incident $2.3B
6.4 years ago Wirecard · Scam incident $2.1B
5.2 years ago BitConnect · Scam incident $2B

4280 incidents stored · 0 were as large as this one or larger ($6.3B)