EURONEWS · 2026-11-02 06:10 UTC

Binance resumes withdrawals after billions stolen in hack

Binance, the world's largest crypto exchange, suffered a $6bn+ hack attributed by the FBI to North Korea's TraderTraitor group on October 29, 2026. The company has set aside $6.34bn in funds to cover losses, replenishing 90% of stolen assets, and resumed phased withdrawals on Sunday with $4.65bn processed. Bitcoin fell nearly 5%, Ethereum dropped 6%, and BNB tumbled 10% following the attack announcement.

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