✉news BusinessCrypto first seen 1 d ago, last 1 d ago, peak #1
Binance resumes bitcoin, ether withdrawals after $6.3 billion theft
Original: Binance resumes bitcoin, ether withdrawals after covering bulk of stolen $6.3 billion
Binance has restored bitcoin and ether withdrawals after covering most of a $6.3 billion theft, according to Reuters. The exchange suspended withdrawals following the breach, then moved to reimburse affected users before reopening services. The scale of the loss makes it one of the largest incidents in crypto history, and the quick resumption is being watched as a test of Binance's financial footing and user confidence.
Why now: The sheer size of the theft and the speed of Binance's recovery are extraordinary, making it a major story for crypto markets and users.
Evidence
- Binance resumes bitcoin, ether withdrawals after covering bulk of stolen $6.3 billion · Reuters
- Binance resumes bitcoin, ether withdrawals after covering bulk of stolen $6.3 billion · The Lufkin Daily News
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