Binance to resume withdrawals after recovering 95% of $6.3 billion crypto theft
Binance has announced a phased resumption of cryptocurrency withdrawals following a significant heist of $6.3 billion. The exchange reported it has recovered 95% of the stolen digital assets, enabling this process. The remaining 5% consists of less liquid tokens, which may require additional time to source. The FBI is investigating the cyberattack, linking it to a...
Key Takeaways
- Binance has announced a phased resumption of cryptocurrency withdrawals following a significant heist of $6.3 billion.
- The exchange reported it has recovered 95% of the stolen digital assets, enabling this process.
- The remaining 5% consists of less liquid tokens, which may require additional time to source.
Binance has announced a phased resumption of cryptocurrency withdrawals following a significant heist of $6.3 billion. The exchange reported it has recovered 95% of the stolen digital assets, enabling this process. The remaining 5% consists of less liquid tokens, which may require additional time to source. The FBI is investigating the cyberattack, linking it to a North Korean hacking group named TraderTraitor.
Original Publisher Attribution
This summary was curated from Times of India.