KHALEEJ TIMES · 2026-11-14 09:58 UTC

After $6.3-billion heist, Binance targets full reopening of withdrawals by next week

Binance said it reopened withdrawals for 87 networks this week and aims to reopen all remaining networks and assets by the end of next week. Withdrawals resumed in phases after Binance covered 95 per cent of the $6.3 billion in tokens stolen in a breach last month, described as the largest crypto theft ever. The FBI and Binance attribute the hack to North Korea, which denies it; blockchain firms link it to the group TraderTraitor. Finance chief Kaiser Ng left weeks later and was replaced by Justin Yek.

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