Binance TR announced that user assets are safe and all transactions except crypto asset withdrawals are continuing.
Binance TR announced that user assets are safe and that only crypto asset withdrawals have been temporarily suspended as a precaution.
AI-generated summary
Binance TR platform informed its users about the latest developments.
The following statements were used in the statement:
As Binance TR, we would like to inform the public about the latest developments.
First of all, we would like to express that the security of our users is our top priority and in this context, we confirm once again that all user assets on Binance TR are safe.
All other account functions on the Binance TR platform, including trading, Turkish Lira deposit and withdrawal, and crypto asset deposit, continue uninterrupted.
On the other hand, for precautionary purposes, only crypto asset withdrawal transactions have been temporarily suspended.
Our teams work continuously to complete all necessary steps in the safest and most complete manner possible.
We state that we will continue to inform you about the developments through our official channels, and we kindly request that you do not rely on the flow of information coming from different sources other than these information.
It is respectfully presented to the public.
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Binance TR has temporarily suspended crypto asset withdrawals due to security reviews. Turkish Lira transactions, spot buying and selling and crypto deposits continue uninterrupted.
While Binance announced the cost of the security breach on October 29 as 6.3 billion dollars, TRM Labs calculated the damage as 6.36 billion dollars. Approximately 3 billion dollars were frozen, and the company stated that it would cover the losses.

Cold wallet is the most secure storage method that minimizes the risk of hacking by keeping cryptocurrency private keys isolated from the internet.
Following the cyber attack on Binance, Binance TR made a written statement. While it was stated in the statement that user assets were safe, it was reported that only crypto asset withdrawals were temporarily stopped as a precaution.

Binance announced that digital assets worth $ 6.3 billion were cyber-attacked. Bitcoin and other cryptocurrencies lost value after the event, which could be the biggest in history; analysis companies attributed the attack to the North Korean group.

Binance suspended withdrawals following allegations of security breaches. While founder Changpeng Zhao confirmed the possibility of the attack, experts suggest billions of dollars could be lost.