Binance users withdraw $3.6bn after record crypto hack as services resume in phases
Binance said it processed $4.649 billion in withdrawals and $1.01 billion in deposits between 06:00 and 15:30 GMT on 1 November, leaving a net outflow of about $3.64 billion after the exchange reopened. The company said the initial spike in withdrawals later eased and that flows were stabilising as expected. It added that withdrawals of more than two dozen major cryptocurrencies, including Bitcoin and Ethereum, had resumed.The exchange said the hack affected $6.3 billion worth of digital assets and that it had covered around 95% of the stolen funds, with the remainder likely to take longer to source. Binance said... [Continue Reading]
360LiveNews | 02 Nov 2026 07:59 LONDON
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