Binance Hack One Week On: $6.4 Billion Stolen, $2.8 Billion…
By Tobi Opeyemi Amure
AI summary of the source article
One week after a hack involving roughly $6.34 billion to $6.4 billion, Binance stated it has replaced 98% of stolen funds. Blockchain analysts have frozen about $2.8 billion, though an independent proof of reserves remains unfinished.
Key facts
- Binance reported theft at roughly $6.34 billion, with Tether freezing nearly $1.57 billion and Circle over $800 million.
- Binance saw $3.64 billion of net outflows on its first day reopening withdrawals, and claims to have replaced 98% of stolen funds.
- The FBI attributed the attack to North Korean operation TraderTraitor, an allegation North Korea has denied.
Source excerpt · FinanceFeeds
One week after the Binance hack, the exchange says it has replaced 98% of what was taken, blockchain analysts have frozen about $2.8 billion, and the proof that was supposed to settle the matter is still unfinished. The FBI has named a North Korean group, and North Korea has denied it. What follows is the tally as it stands on Thursday, with each figure dated, because almost every number attached…