Binance Resumes Withdrawals After Hack; More Than $4 Billion in Assets Reportedly Withdrawn
Summary
- Binance resumed withdrawals after a $6.3 billion hack at the exchange, the report said.
- The report said more than $4 billion in assets was withdrawn from Binance after withdrawals resumed.
- It added that the specific composition of the withdrawn assets, the period covered by the tally, and the actual amount lost in the hack were not confirmed.
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More than $4 billion in assets was reportedly withdrawn from Binance after the cryptocurrency exchange resumed withdrawals.
Cointelegraph reported on November 1 that Binance restored withdrawals after a hack reportedly worth $6.3 billion, with users then pulling out large amounts of assets.
According to the report, more than $4 billion has been withdrawn from Binance since withdrawals resumed.
The specific composition of the withdrawn assets, the period covered by the tally, and the actual amount lost in the hack were not separately confirmed.
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