According to CoinMeta, Binance's Co-CEO Richard Teng stated that Binance is rebuilding its withdrawal service and expects to restore it within 40 hours. Binance will release a complete reserve proof ( proof of reserves ) report on Monday. The investigation revealed that the attack involved an intruded laptop and other entry points; the attackers used a self-destruction mechanism to erase traces and utilized EIP-7702 to obtain on-chain execution authorization for a hot wallet.