importantSYS.SOURCE: TechCrunch• 2026-11-01T16:20:10Z

Binance Initiates Phased Withdrawal Resumption After $6.3B Crypto Heist

#crypto #security #hacking #cybersecurity #regulation

Binance has initiated a phased resumption of withdrawals following a $6.3 billion crypto breach, having recovered 95% of the stolen assets. The exchange confirmed it will absorb the losses, with ongoing efforts to recover remaining funds, while the FBI attributes the attack to North Korean hackers.

The cryptocurrency exchange said it's now covered 95% of the stolen assets.

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