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Binance TH says customer assets safe, suspends deposits and withdrawals after nearly US$6.3 billion hack
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THAILAND — 30 October 2026, Binance TH has said customers’ digital assets remain safe and announced the temporary suspension of cryptocurrency deposits and withdrawals while it conducts a security review. The company stressed that its asset storage is separate from Binance’s, after the global exchange was reportedly hacked for nearly 200 billion baht.
Key facts
- Binance Global, the world’s largest cryptocurrency exchange, was hit by a cyberattack that initially saw about US$6.3 billion, or roughly 212 billion baht, flow out of its hot wallets
- THAILAND — 30 October 2026, Binance TH has said customers’ digital assets remain safe and announced the temporary suspension of cryptocurrency deposits and withdrawals while it conducts a security review
- On 30 October, Binance TH issued a statement on the security incident, confirming that digital assets held on its platform remain safe.
- Ltd., which operates Binance TH, said the platform’s offline digital-asset storage, known as cold wallets, is independently segregated from Binance’s digital-asset wallets
Summary
Binance Global, the world’s largest cryptocurrency exchange, was hit by a cyberattack that initially saw about US$6.3 billion, or roughly 212 billion baht, flow out of its hot wallets. About US$3 billion has so far been traced and recovered, while there has been no further progress reported on the remaining US$3.3 billion.
On 30 October, Binance TH issued a statement on the security incident, confirming that digital assets held on its platform remain safe.