Markets
Binance resumes phased withdrawals after record $6.3bn hack
Binance has begun phased customer withdrawals after a $6.3bn hack, saying it has covered 90% of losses. The FBI attributes the theft to North Korea-linked TraderTraitor.
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Binance has begun allowing phased customer withdrawals after a record $6.3bn hack. The exchange said it has replenished 90% of stolen tokens and will cover the rest. The FBI attributed the theft to North Korea-affiliated group TraderTraitor, which it says is converting stolen assets into ethereum.
Binance resumes phased withdrawals after record $6.3bn hack ↗ Markets
Binance Says It Has Covered 90% of $6.3bn Hack Losses
Binance says it has replaced 90% of the $6.3bn stolen on Thursday and set aside over $6.34bn of its own funds, as the FBI blames North Korea for the hack.
Markets
Binance Pauses Withdrawals After Suspected Multi-Billion Crypto Hack
TechCrunch reports Binance suspended withdrawals on multiple networks after a suspected hack; estimates of drained funds range from $2 billion to $5.7 billion, unconfirmed.