According to CoinMeta, Binance's co-founder He Yi, Chief Security Officer Jimmy Su, and the team conducted their first systematic review of the major security incident that occurred on October 30th. Binance stated that hackers induced engineers to execute malicious code through fake job offers and technical interviews, gaining access to the internal wallet signing services. They also exploited the on-chain authorization mechanism to continue transferring assets after withdrawals were suspended, resulting in a loss of approximately $6.34 billion. As of the time of this report, about $2.85 billion in assets have been frozen or intercepted, and 98% of the affected token assets have been replenished. Binance has pledged to bear all the losses. This incident exposed systemic risks related to social engineering attacks, employee terminal security, wallet permissions, and the on-chain authorization revocation mechanism. He Yi emphasized the need for increased transparency, and Binance plans to rebuild the relevant wallet infrastructure, strengthen internal isolations, and introduce independent security audits. The aforementioned losses and data recovery figures are all from Binance's own statements.