✉news BusinessCrypto first seen 22 h ago, last 11 h ago, peak #3
Binance faces withdrawal rush after $6.3 billion hack
Original: Binance sees spike in withdrawals as exchange returns online after $6.3 billion heist
Binance has come back online after reporting a $6.3 billion theft, and Reuters reports a surge in withdrawals as users move funds off the exchange. The heist ranks among the largest crypto security incidents, and the rush to pull money out signals shaken confidence in the world's biggest crypto exchange as traders question the safety of funds held there.
Why now: Users are rushing to withdraw funds after one of the largest exchange hacks in crypto history.
Evidence
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