CNN · 2026-11-01 17:09 UTC

Binance withdrawals resume following $6 billion hack

Binance resumed phased withdrawals after a $6.3 billion hack, starting with 15 digital currencies including Bitcoin, Solana, and Ethereum. The company processed $4.6 billion in withdrawals and $1 billion in deposits by 10:30 a.m. ET, committing to absorb all losses using its Secure Assets Fund, corporate treasury, and Futures insurance fund. The FBI attributed the theft to North Korea-sponsored cyber actors TraderTraitor; industry partners froze approximately $3 billion of the stolen assets.

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