Binance users withdraw billions after record crypto hack

Binance customers withdrew more than $3.6bn (£2.7bn) of assets from the world's largest cryptocurrency exchange as it reopened on Sunday following a record hack last week.

Binance users withdraw billions after record crypto hack

TL;DR

  • Over $3.6 billion in assets were withdrawn from Binance following a major hack.
  • The hack impacted $6.3 billion worth of digital assets, with North Korea accused of responsibility.
  • Binance has covered approximately 95% of the stolen assets and is gradually resuming services.
  • Withdrawals for Bitcoin and Ethereum have restarted as security checks are completed.