Binance says it is resuming withdrawals after major hack

Author: vanguardngr.comPublished on: November 1, 2026Country: Global

TechnologyBusiness & EconomyCrime & Law

Binance says it is resuming withdrawals after major hack

Binance said Sunday it had begun gradually resuming withdrawals after a hack affected more than $6 billion in funds. The first phase reopened the Bitcoin network, with other networks to follow based on user demand and after stability and security checks. Binance said it had set aside more than $6.34 billion in company funds to cover the losses and that users’ funds remain safe. The FBI blamed North Korea for the attack, which it linked to the TraderTraitor group.

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