Binance Records $3.64 Billion in Net Outflows After…
By Karthik Subramanian
AI summary of the source article
Binance recorded approximately $3.64 billion in net cryptocurrency outflows on November 1, 2026, after restoring withdrawals following a $6.3 billion security breach. The exchange reported it had replenished about 95% of the affected assets using company resources.
Why it matters
The figures provide an early indication of customer behavior following one of the largest cryptocurrency thefts on record.
Key facts
- Binance processed $4.649 billion in withdrawals and $1.01 billion in deposits between 06:00 and 15:30 UTC on November 1, 2026.
- Attackers stole about $6.3 billion on October 29, 2026, in an attack attributed by the FBI to North Korea's TraderTraitor operation.
- Binance replenished approximately 95% of affected assets from company resources and stated customers will not bear financial losses.
Source excerpt · FinanceFeeds
Binance recorded approximately $3.64 billion in net cryptocurrency outflows on November 1, 2026, after restoring withdrawals following the $6.3 billion security breach that forced the exchange to suspend services three days earlier. The world's largest cryptocurrency exchange processed $4.649 billion in withdrawals and $1.01 billion in deposits between 06:00 and 15:30 UTC, according to figures rel…