“The difference is verification, not just promises.” That’s what I told @CNBC today, speaking on the security incident and the steps we’ve taken since 29 October to ensure our users are protected. We’re now 98% replenished. We’ve completed the latest Proof of Reserves verification, giving users another way to independently check that their assets are backed. That’s why we have Proof of Reserves: accountability. While Binance is at the centre of this story, this is an industry-wide problem. We must keep working together to safeguard customers and strengthen our industry.

I want to speak to you directly about what happened. Bottom line - your money is safe, and we're covering every loss. Our initial investigation suggests this security incident may have started with a compromised DevOps engineer's laptop. That gave an attacker access to a service container, where they submitted unauthorized withdrawal transactions. To be clear: the attacker did not simply use one engineer's permissions, and this was not a single "one-click" action. It involved a more complex attack process. Our investigation has not attributed responsibility to any individual. So far, we have found no evidence of any wallet private key leak. We'll share a detailed technical post-mortem once the investigation is complete and every fact is verified - and publish an updated Proof of Reserves once remediation is complete. What you need to know: • Your funds are safe • Binance will cover all losses from the SAFU fund and company funds • Estimated total impact: ~$6.3B, with ~$3B frozen on-chain so far, in coordination with our blockchain partners • No evidence of any wallet private key leak • Deposits are unaffected and operating as normal What we've done: • Temporarily suspended withdrawals while we complete a security revamp of the withdrawal service and its related addresses • Revoked the affected address authorizations • Engaged law enforcement and blockchain intelligence partners to trace and recover funds Our team hasn't stopped. We're working closely with law enforcement to ensure the matter is handled appropriately - and I'll share what I can, as soon as I can.

On withdrawals: our team is conducting security checks. Withdrawals will resume as soon as the issue is fully resolved. Please remain cautious of scams - do not trust unofficial links, messages, or requests for account information. Official updates will come only through Binance channels. Thank you for your patience. We'll keep you updated.

Brazil is ranked #1# in crypto adoption by @chainalysis in 2026 - a key market shaping the future of the industry. This week we applied for a VASP license in Brazil. This is another step in our long-term commitment to regulatory compliance and expanding access to financial services.

Access to high-growth companies has traditionally been limited before they go public. Pre-IPO perps are one way we're expanding access. Now that Anthropic has filed for its IPO, it's great to see @binance leading in OI and volume for ANTHROPICUSDT.

We’re hearing more about bonds. But how well do we understand them? What does yield tell you? Why do bond prices fall when interest rates rise? Our new, free @BinanceAcademy course breaks down. 👉

As crypto becomes part of mainstream financial infrastructure, the standard expected of major platforms will keep rising. That's how it should be. Compliance, security and user protection are the foundation of everything we build.

Higher bank deposit rates may influence stablecoin growth, but they’re only part of the picture. The yields available to stablecoin holders within crypto matter too. New research from the BIS explores how stablecoin growth interacts with traditional bank deposits, offering insights into how money is evolving in a digital world.

Blockchain made finance more open, global, and always on. AI can make it easier to navigate. At @Binance, we’re building AI natively for finance: helping users understand markets, turn ideas into strategies, and giving developers the tools to build the next generation of financial applications. Together, blockchain and AI can make finance more accessible and useful for everyone.