Binance Says It Replaced 95% of Stolen Crypto for Users
By PYMNTS
AI summary of the source article
Binance began restoring withdrawals in phases on Sunday after hackers stole $6.3 billion from its cryptocurrency exchange. Withdrawals resumed for 15 networks and assets in the first phase approximately six and a half hours later.
Key facts
- Hackers stole $6.3 billion from Binance's cryptocurrency exchange, prompting a pause in withdrawals.
- Binance started restoring withdrawals in phases on Sunday (Nov. 1) at 06:00 UTC.
- Withdrawals for 15 networks and assets in the first phase resumed about 6½ hours later.
Source excerpt · PYMNTS
Binance began restoring withdrawals in phases Sunday (Nov. 1) at 06:00 UTC (1 a.m. EST), and by about 6½ hours later resumed withdrawals for the 15 networks and assets in the first phase, the company said in a post on X. Binance had paused withdrawals after hackers stole $6.3 billion from its cryptocurrency exchange late […] The post Binance Says It Replaced 95% of Stolen Crypto for Users appeared…