Binance resumes withdrawals after $6.3bn hack blamed on North Korea
Binance said it has covered about 95% of the $6.3bn in stolen assets and reopened withdrawals in phases after suspending them.
Who covered it
3 articles from rated outlets · 2 wire/unratedWhere readers stand
Readers: no picks yetWhat we know
- Binance suspended withdrawals after a hack that affected about $6.3bn in funds.
- The FBI tied the attack to North Korea, according to reports.
- Binance said it has covered around 95% of the stolen assets using company funds.
- Binance said withdrawals resumed in phases, starting with 15 networks and assets including bitcoin and ethereum.
- Binance said there was an initial spike in withdrawals that later declined and was stabilizing.
How it's being told
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Full coverage
5 articles from 4 outletsGrouped left to right; wires and unrated outlets sit in the middle.
- The Guardian US (Politics)LeftInvestors take out $3.6bn from Binance after record hack that stole billions ↗
- France 24 (English)Wire / unratedBinance resumes crypto withdrawals after major hack blamed on North Korea ↗
- BBC News (US & Canada)Wire / unratedBinance users withdraw billions after record crypto hack ↗
- New York Post (Politics)RightBinance sees spike in withdrawals as exchange returns online after $6.3B heist ↗
- New York Post (Politics)RightBinance sees $4.7B in customer withdrawals after stunning North Korea hack ↗
The debate
Should Binance have resumed withdrawals before covering all stolen assets?
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