Binance Updates Statement: User Funds Completely Safe, Still Investigating Potential Security Issue

October 30: Binance said in an updated statement on X that user funds are completely safe. The team has noted reports of a potential security issue and is actively investigating. Its security team is urgently reviewing all related information and will publish updates through official channels after verification. Binance's previous statement was that "no impact on user funds has been confirmed at this time." In addition, Tether CEO Paolo Ardoino said that more than 1.567 billion related USDT had been frozen, while Circle had frozen about 823 million related USDC.