Independent DeFi security desk · Status: operationalMethodology & corrections · Submit an incident
Incident record · Under review

Binance: Security incident

Binance’s SAFU Bitcoin wallet now holds about 7,500 BTC after a 7,499 BTC transfer linked to the hack, with no timeline for restoring the $1 billion fund.

StatusUnder review
Reported loss$1.0B
ChainBitcoin
Confidence55%

Evidence boundary

Confidence describes the coverage of the available evidence. It is not a safety rating and does not guarantee that a protocol or asset is safe.

Sources

Record history

First seen: 2026-11-02T13:21:47.000Z. Last updated: 2026-11-03T06:35:09.901Z. Revision: 1.