CBS · 2026-11-01 10:35 UTC

Binance resumes withdrawals for some cryptocurrencies after heist

Binance resumed withdrawals for major cryptocurrencies including Bitcoin and Ethereum after a $6 billion heist, the largest crypto theft ever. The FBI attributed the attack to North Korea's TraderTraitor group, the same group behind a $1.5 billion Bybit theft in February 2025. Binance pledged to cover 90% of losses using company funds and is restoring withdrawals in phases with security checks.

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