✉news BusinessCrypto first seen 3 d ago, last 2 d ago, peak #2
Binance resumes withdrawals after $6.3 billion hack
Original: Binance opens crypto withdrawals in phases starting with bitcoin following $6.3 billion hack
Binance has begun reopening cryptocurrency withdrawals in phases, starting with bitcoin, after a hack it says resulted in losses of about $6.3 billion. The phased resumption suggests the exchange is restoring services gradually while rebuilding security. Traders and industry watchers are tracking which assets come back online next and how the breach will affect confidence in the platform.
Why now: A major exchange restarts withdrawals following one of the largest crypto hacks on record.
Evidence
- Binance opens crypto withdrawals in phases starting with bitcoin following $6.3 billion hack · CoinDesk
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