Binance begins second withdrawal phase following record hack
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Binance says phase one of withdrawals opens after $6.3B hack
The crypto exchange said it has begun phased withdrawals after the record hack the FBI has blamed on North Korea.
Binance net outflows surge to $5.8B as withdrawals resume after record hack
The exchange says withdrawals surged after some services resumed but have since slowed, with the outflows representing a fraction of its roughly $171 billion in customer assets.
North Korea Is Laundering Binance Hack Loot at One New Wallet Every 25 Seconds
$2.85 billion of the $6.43 billion stolen from Binance has been frozen or seized, compared with about 3% in the Bybit hack, as North Korea’s automated laundering spans 12,000 wallets.
FBI Blames North Korea for $6B Binance Hack as Exchange Reopens Withdrawals
Binance saw $3.64 billion in net outflows in the first nine and a half hours after reopening withdrawals, or 2.1% of its assets, it said.
Bitcoin ETF Investors Head for the Exits After Record Binance Hack
Bitcoin ETFs saw $643.2 million in outflows Friday, the first full trading session after the $6.4 billion Binance hack, ending October with roughly $516 million in net outflows.
Recap: How Binance’s record $6.3B hack unfolded
A recap of Cointelegraph’s live coverage of the Binance hack, including early breach reports and the exchange’s full reimbursement pledge.