Binance: 90 percent of the stolen $6.3 billion completed, withdrawals open on Sunday

Binance said a security incident traced to a DevOps engineer’s laptop had an estimated total impact of $6.3 billion, and that it will cover all losses through its SAFU fund and company resources. The exchange said about 90% of the affected amount has been completed, with withdrawals set to open on Sunday. Binance attributed the incident to a compromised engineer device rather than an on-chain protocol exploit, making the SAFU backstop the key buffer for user funds. What to watch next is whether withdrawals reopen smoothly on Sunday and whether Binance discloses a fuller breakdown of the $6.3 billion figure and any remaining 10% of exposure.