CNA · 2026-11-02 03:48 UTC

Binance sees outflows stabilising as exchange returns online after US$6.3 billion heist

Binance resumed operations after a US$6.3 billion security breach linked to North Korea, with customers withdrawing US$3.64 billion (2.1% of assets) initially. The exchange said outflows are stabilizing and deposits remain substantial; it has covered 95% of stolen assets by purchasing replacement tokens. Bitcoin recovered to above US$78,000 and Ether to US$2,287 after hitting lows on Friday; stablecoin market caps dropped US$1.2 billion since the breach.

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