Binance restarts withdrawals after $6.3bn heist blamed on North Korea
Binance has begun restoring customer withdrawals after hackers stole about $6.3bn in cryptocurrency in what authorities have described as a record theft. The exchange said it resumed some services on Sunday after suspending them following Thursday's breach, while security checks and an internal investigation continued. Withdrawals are being reopened in stages, with Bitcoin, Ether and some stablecoin services among the first to return.The company said it had replaced about 95% of the affected assets and would absorb the financial impact rather than pass losses on to users. In a statement posted on X, Binance said customers whose transactions fail should... [Continue Reading]
360LiveNews | 01 Nov 2026 13:32 LONDON
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Binance resumes withdrawals in phases after major hack as FBI blames North Korea-linked group
Binance said on Sunday that it had resumed withdrawals after a major hack that affected more than $6 billion in funds. The exchange said the first phase reopened on the Bitcoin network, with access being restored in stages rather than all at once. It had suspended user withdrawals after the attack while it worked to contain the breach and assess the damage.The company said it was taking a phased approach, prioritising tokens based on recent user demand and reopening each network only after stability and security checks were completed. Binance also said it had set aside more than $6.34 billion... [Continue Reading]
360LiveNews | 01 Nov 2026 08:59 LONDON
