NEW YORK TIMES · 2026-11-01 18:28 UTC

Binance Reports $3.64 Billion in Outflows as It Resumes Normal Transactions

Binance resumed withdrawals Sunday after a three-day freeze following a $6.3 billion cyberattack attributed to North Korea, with initial outflows of $3.64 billion representing 2.1% of its $171 billion in assets under management. The exchange said it would cover all losses and had frozen about $3 billion in stolen assets with other crypto firms; users deposited $1.01 billion and withdrew $4.65 billion after trading resumed.

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