Binance restarts withdrawals after $6.3bn heist

Author: Al Jazeera StaffPublished on: November 1, 2026Country: United States
TechnologyCrime & Law
Binance restarts withdrawals after $6.3bn heist

Binance began gradually restoring withdrawals on Sunday after suspending them following Thursday’s cyberattack, in which about $6.3bn in cryptocurrency was stolen. The exchange says it has replaced approximately 95 percent of the affected assets and will absorb the financial losses rather than pass them on to customers. The FBI blamed North Korea for the theft, identifying the operation as TraderTraitor; investigators said the stolen assets were being converted mainly into ether. Binance said security checks are ongoing and that it is working with law enforcement and industry partners to trace and recover the funds.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Nigeria Customs deploys AI tools to tackle fake news and online scams
TechnologyNigeria
Godwin Oritse•

Nigeria Customs deploys AI tools to tackle fake news and online scams

The Nigeria Customs Service is deploying artificial intelligence and digital tracking tools to counter fake news and online scams that could damage its public image. Comptroller-General Adewale Adeniyi, represented by spokesperson Abdullahi Maiwada at the NECCIPR Roundtable 2026 in Lagos, said AI is also used to assess risks in imported goods and guide Customs interventions. The technology can analyse public sentiment, while Customs checks information on digital platforms and works with other agencies to identify those spreading misleading claims. Roundtable convener Nkechi Ali-Balogun warned that algorithms and AI increasingly shape public opinion and the flow of information in Nigeria.

Read More

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox