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BNB Chain confirms its networks are secure after Binance's $6.3B breach.

Market News
30 Oct 2026, 19:35 WIB
Crypto Briefing
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BNB Chain confirms its networks are secure after Binance's $6.3B breach.

BNB Chain stated that its blockchain networks and bridges remain fully operational and secure following a $6.3 billion breach at Binance, which occurred on October 29, 2026. The breach affected Binance's hot wallets, but BNB Chain emphasized that funds held on its blockchain services, including BNB Smart Chain, opBNB, and BNB Greenfield, were not compromised. Binance plans to cover the losses using its Secure Asset Fund for Users (SAFU) and corporate reserves, with about $3 billion of stolen assets currently frozen. The incident highlights the distinction between centralized exchange security and blockchain network integrity, reassuring users with assets in self-custody wallets on BNB Chain.

BNB Coin (BNB) is trading lower on Pluang, down 7.04% to Rp12.665.816 as of Oct 30, 2026 23:52 WIB. The market shows a strong sell sentiment with 63% of orders to sell and typical hold time around 90 days.

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