
🩺 Internal Medicine Doctor Arch Angel | MENAP & Türkiye @binance Explaining crypto without the jargon. Security • Psychology • Education
Dubai, United Arab Emirates
Joined November 2023
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Update: SAFU fund transfer is complete - this was the large 7,499 $BTC transfer visible here: blockchair.com/bitcoin/trans…
Dr.Syed | Crypto Doctor retweeted
We know how important trust is, especially in moments like this.
We've now replenished 90% of the stolen assets, and we're committed to covering the remaining 10%. Our users will not bear the financial impact of this incident.
We've also shared an updated Proof of Reserves snapshot, and we're working towards resuming withdrawals on November 1.
Thank you for your patience and trust. We'll keep you updated every step of the way.
Dr.Syed | Crypto Doctor retweeted
Our team is conducting security checks. Withdrawals will resume as soon as the security issue is fully resolved.
User funds remain safe.
We’ll keep you updated. Thank you for your patience.
Dr.Syed | Crypto Doctor retweeted
lastest news from @_RichardTeng here✨👇
I want to speak to you directly about what happened.
Bottom line - your money is safe, and we're covering every loss.
Our initial investigation suggests this security incident may have started with a compromised DevOps engineer's laptop. That gave an attacker access to a service container, where they submitted unauthorized withdrawal transactions.
To be clear: the attacker did not simply use one engineer's permissions, and this was not a single "one-click" action. It involved a more complex attack process. Our investigation has not attributed responsibility to any individual.
So far, we have found no evidence of any wallet private key leak.
We'll share a detailed technical post-mortem once the investigation is complete and every fact is verified - and publish an updated Proof of Reserves once remediation is complete.
What you need to know:
• Your funds are safe
• Binance will cover all losses from the SAFU fund and company funds
• Estimated total impact: ~$6.3B, with ~$3B frozen on-chain so far, in coordination with our blockchain partners
• No evidence of any wallet private key leak
• Deposits are unaffected and operating as normal
What we've done:
• Temporarily suspended withdrawals while we complete a security revamp of the withdrawal service and its related addresses
• Revoked the affected address authorizations
• Engaged law enforcement and blockchain intelligence partners to trace and recover funds
Our team hasn't stopped. We're working closely with law enforcement to ensure the matter is handled appropriately - and I'll share what I can, as soon as I can.
Dr.Syed | Crypto Doctor retweeted
بخصوص هذا الحادث الأمني، لدى كثيرين منكم تساؤلات حول التفاصيل التقنية. واستناداً إلى المعلومات المتوفرة لدينا حالياً، نوضّح النقاط التالية:
1️⃣ لم يكن الأمر مجرد اختراق جهاز حاسوب واحدثم تحويل الأموال:
لم يكن بالإمكان تنفيذ هذا الحادث عبر جهاز واحد فقط، فاختراق حاسوب أحد الموظفين لم يكن سوى نقطة البداية لهذا الهجوم. وعادةً ما تكون الهجمات التي تستهدف مؤسسات العملات الرقمية موجّهة بدقة عالية، ويلجأ فيها المهاجمون غالباً إلى أساليب معقّدة لتنفيذ الاختراق.
وقد حدّدنا بالفعل خيوطاً رئيسية مرتبطة بالحادث، واتخذنا إجراءات فورية لاحتواء المخاطر، ولا تزال جهود التحقيق والتتبّع مستمرة. وفي هذه المرحلة، جرى تفعيل آليات إدارة المخاطر الأساسية وآليات الطوارئ في المنصة، مع إعطاء سلامة أصول المستخدمين الأولوية القصوى.
2️⃣ بخصوص التساؤل حول «امتلاك المهندس صلاحيات مفرطة»:
لم يكن هذا حادثاً تمكّن فيه المهاجم من استغلال صلاحيات مهندس بعينه مباشرةً لإتمام تحويل الأموال، ولم يكن نتيجة قدرة شخص واحد على تنفيذه «بنقرة واحدة»، بل انطوت الأنشطة غير الاعتيادية المرتبطة به على عملية هجوم أكثر تعقيداً. ونؤكد أن التحقيق الجاري لم يُحمّل أي فرد المسؤولية، وأن الشركة ستتحمّل المسؤولية المترتبة على ذلك، وستواصل جهود المعالجة اللاحقة وتعزيز منظومتها الأمنية.
3️⃣ الحقائق المؤكدة حتى الآن:
لم يُعثر على أي دليل يشير إلى تسرّب المفاتيح الخاصة للمحافظ. أموال المستخدمين آمنة، وستُغطّى جميع الخسائر الناتجة عن الأصول المسروقة في هذا الحادث بالكامل من صندوق SAFU وأموال الشركة، دون أن يتحمّل المستخدمون أي أعباء. كما تم بالفعل تجميد ما يقارب 3 مليارات دولار من الأصول المتأثرة على البلوكتشين، ونتعاون مع جهات إنفاذ القانون وشركات استخبارات البلوكتشين لتعقّبها. ويمكن تتبّع حركة هذه الأموال على البلوكتشين بشكل علني.
4️⃣ حالة الإيداع والسحب:
لا تزال عمليات الإيداع متاحة بالكامل ولم تتأثر طوال الفترة الماضية. أما عمليات السحب فقد عُلّقت مؤقتاً كإجراء احترازي، ومن المتوقع استئنافها خلال 48 ساعة، على أن يُحدَّد التوقيت الدقيق وفق الإعلانات الرسمية. ونتفهّم ما سبّبه ذلك من إزعاج، وسنوافيكم بآخر المستجدات في أقرب وقت ممكن.
5️⃣ الخطوات القادمة:
سنواصل إطلاعكم على آخر المستجدات مع الحرص على دقة التحقيق، وفور الانتهاء من معالجة الحادث ومراجعته، سننشر تفاصيل وافية إلى جانب إجراءات إضافية لتعزيز الأمان. وسنواجه المشكلات التي كشف عنها هذا الحادث بكل وضوح ومسؤولية، دون أي مواربة.
نشكركم جميعاً على صبركم ومتابعتكم. 🙏
Dr.Syed | Crypto Doctor retweeted
Binance has reassured users that all funds are safe and any losses will be fully covered through SAFU and company funds. No evidence of wallet private key leaks has been found. We stand with @cz_binance and the Binance team. #SAFU
#Binance
@BinancePk
@Rizypto
@binance
Users Funds Are SAFU
User funds are safe.
Binance will cover all hacking losses.
Deposits and withdrawals are temporarily suspended while our team conducts security checks, freezes funds, and works with law enforcement.
We will share a full post-mortem once the investigation is complete. Please rely only on official Binance channels for updates.
Dr.Syed | Crypto Doctor retweeted
I want to speak to you directly about what happened.
Bottom line - your money is safe, and we're covering every loss.
Our initial investigation suggests this security incident may have started with a compromised DevOps engineer's laptop. That gave an attacker access to a service container, where they submitted unauthorized withdrawal transactions.
To be clear: the attacker did not simply use one engineer's permissions, and this was not a single "one-click" action. It involved a more complex attack process. Our investigation has not attributed responsibility to any individual.
So far, we have found no evidence of any wallet private key leak.
We'll share a detailed technical post-mortem once the investigation is complete and every fact is verified - and publish an updated Proof of Reserves once remediation is complete.
What you need to know:
• Your funds are safe
• Binance will cover all losses from the SAFU fund and company funds
• Estimated total impact: ~$6.3B, with ~$3B frozen on-chain so far, in coordination with our blockchain partners
• No evidence of any wallet private key leak
• Deposits are unaffected and operating as normal
What we've done:
• Temporarily suspended withdrawals while we complete a security revamp of the withdrawal service and its related addresses
• Revoked the affected address authorizations
• Engaged law enforcement and blockchain intelligence partners to trace and recover funds
Our team hasn't stopped. We're working closely with law enforcement to ensure the matter is handled appropriately - and I'll share what I can, as soon as I can.
Dr.Syed | Crypto Doctor retweeted
**Binance Service Update**
Deposits remain unaffected and continue to operate as normal.
The Binance team is working on enhancing withdrawal services and implementing additional address controls. Withdrawal services are expected to resume within the next 48 hours.
Stay tuned to Binance's official channels for further updates.
Thank you for your patience and understanding. 💛
Service Update
Deposits remain unaffected and continue to operate as normal.
Withdrawals remain paused while our team completes a security revamp of the withdrawal service and its related addresses. We expect to resume within 48 hours, and will update with further details.
The incident stems from multiple factors. Our security team is tracing the full attack path through the compromised computer which may be the entry point of the incident. A comprehensive report with the root cause will follow.
We will continue to share updates through official Binance channels.
Dr.Syed | Crypto Doctor retweeted
Am i the only one seeing normal(reasonable) numbers!?
I don’t see why u freaking out so much.
Remember we’re #BINANCE. 💪🏼
Dr.Syed | Crypto Doctor retweeted
Our team is conducting security checks. Withdrawals will resume as soon as the security issue is fully resolved.
User funds remain safe🙌
We’ll keep you updated. Thank you for your patience.
Dr.Syed | Crypto Doctor retweeted
1. Users' funds are safe. Binance will cover all losses fully.
2. Deposit and withdrawal will resume AFTER security checks completed to prevent further loss.
3. Cause is not a private wallet key hack. More likely a device compromise leads to production system. The tech team is still investigating and more detailed security post-mortem will share later.
4. Global law enforcements are in contact and collaboration.
Our teams are aware of reports of a potential security issue and are actively investigating. User funds are completely safe.
Our security teams are reviewing all relevant information with urgency, and we will provide updates through official Binance channels as soon as we have verified information.
Users should remain cautious of scams and should not trust unofficial links, messages, or requests for account information.
Dr.Syed | Crypto Doctor retweeted
“Sometimes, the smallest beginnings lead to the biggest opportunities.” 🌍
Who would’ve thought 21$ could turn me into a Binance Angel? Watch my journey from a small beginning to representing Lebanon worldwide.🇱🇧
Binance, all the love! 💛
@BinanceArabic
Dr.Syed | Crypto Doctor retweeted
📣 I am coming with my co-angels and Mena Team for an AMA from our Binance Weekly Sessions with #BinanceMENA team, and get a chance to share a portion of the total reward pool worth 100 USDC 🎁
🗓 TODAY at 8:00 PM (KSA)
🔔 Set a Reminder:
🔗 t.me/BinanceMENAEnglish?vide…
💛 We are delighted to have you with us 💛
Dr.Syed | Crypto Doctor retweeted
🚨 Join our Binance Square AMA : Binance Pay: Bringing Crypto Into Everyday Payments
📅 Monday, September 28
⏰ 2:00 PM UTC
📍 binance.com/en/square/audio?…
💡 Share your favorite real-world crypto payment use case in the comments for a chance to win 5 exclusive Binance swags! 🎁
From sending crypto to friends and family to paying participating merchants, join us as we explore how Binance Pay makes crypto more practical for everyday payments.
We’ll also discuss QR payments, supported cryptocurrencies, merchant payments, cross-border use cases, security, fees, and some of the features you may not know about.
Whether you're new to Binance Pay or already using it, come join the conversation and learn more about making crypto part of everyday life.
See you there! 💛


























