✉news TechnologyCybersecurity first seen 1 d ago, last 4 h ago, peak #7
Binance Restores Major Crypto Withdrawals After $6.34bn Security Breach
Original: Binance Restores Bitcoin, Ethereum, USDT, USDC Withdrawals After $6.34bn Security Breach
Binance has restored withdrawals for Bitcoin, Ethereum, USDT and USDC after a reported security breach valued at $6.34 billion. The exchange had halted withdrawals as it investigated the incident, and normal services have now resumed. Details about the nature of the breach, who was behind it, and whether customer funds were affected have not been fully disclosed, leaving users and commentators seeking clarification.
Why now: A major exchange halting and then restoring withdrawals after a multi-billion-dollar breach raises immediate concerns about the safety of customer funds.
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Evidence
- Binance Restores Bitcoin, Ethereum, USDT, USDC Withdrawals After $6.34bn Security Breach · Sahara Reporters
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