Binance reveals that the cybersecurity attack has an estimated impact of 5.6 billion euros

Binance reported a cybersecurity attack with an estimated impact of $6.3 billion. Preliminary investigations suggest attackers accessed a system via an engineer's compromised laptop. No evidence of compromised private keys has been found. The company has frozen approximately $3 billion in affected assets and will cover losses through its user protection fund. Deposits and withdrawals have been temporarily suspended, and the company is collaborating with authorities. The incident caused declines in major cryptocurrencies, with Bitcoin dropping over 3%. Founded in 2017, Binance operates internationally after relocating from China due to regulatory restrictions.