COINTELEGRAPH · 2026-11-01 09:38 UTC

Binance says phase one of withdrawals opens after $6.3B hack

Binance reopened Bitcoin withdrawals in phase one after a $6.3 billion hack attributed by the FBI to North Korean operatives. The exchange suspended withdrawals following Thursday's attack and is rolling out services in phases based on user demand, with expected congestion and delays. Binance had replenished 90% of stolen assets by Saturday and is prioritizing network stability and security checks before restoring each asset pair.

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