Binance says it is investigating a security incident after suspicious outflows on Oct. 29, with its latest estimate putting total impact at around $6.3B. Binance post

Circulating on-chain tallies cited over $5.6B moved, including about $1.45B BTC, $875M ETH and large USDT/USDC amounts, but Binance has not confirmed that breakdown as stolen. WatcherGuru report

Binance says about $3B has been frozen on-chain so far, up from a verified $2.54B earlier. Binance update and earlier figure

That includes more than $1.567B USDT frozen by Tether and over $800M USDC by Circle, plus $27M USD1 by World Liberty Financial. CoinDesk update

CZ said the activity "does look like a hack on Binance", thanked Tether and Circle for freezing about $971M USDT and $823M USDC at that time, and said he expects users to be fully covered. TheBlock post

Binance says it will cover all losses from its SAFU fund and company funds, that user funds are safe, and that deposits and withdrawals are paused during security checks. Binance statement

Frozen does not mean recovered, and the unfrozen remainder and final loss remain unverified. Simon Dixon summary