THE INFORMATION · 2026-11-01 23:18 UTC

Binance Allows Customers to Resume Withdrawals, Sees $5.8 Billion Net Outflow

Binance resumed customer withdrawals Sunday after suffering a $6.3 billion hack attributed to North Korea by the FBI. The exchange experienced $5.8 billion in net outflows after reopening withdrawals, representing about 3% of its $171 billion in assets under management. Binance pledged to cover all losses; withdrawal volumes have stabilized after an initial spike.

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