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Binance Resumes Withdrawals After Hack

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Binance resumed customer withdrawals in stages after a $6.3 billion crypto theft, while users withdrew about $3.6 billion and the FBI attributed the theft to North Korean hackers.

The Guardian
Investors pull billions in funds from Binance after record $6.3bn hack

Cryptocurrency exchange has begun to allow withdrawals after theft believed to have come from North Korea Investors have pulled $3. 6bn (£2. 7bn) in funds from the cryptocurrency exchange Binance as it recovers from a record hack in which billions were stolen from customer accounts. The platform was hit by a $6. 3bn theft on Thursday, which has since been described as the biggest heist in history. Experts identified North Korea as the probable culprit . Continue reading. . .

Investors pull billions in funds from Binance after record $6.3bn hack
Reposts 82 2d
New York Times
Binance Reports $3.64 Billion in Outflows as It Resumes Normal Transactions

The cryptocurrency exchange saw an immediate uptick in customer withdrawals, following the theft of $6. 3 billion in tokens that has been linked to North Korea.

Binance Reports $3.64 Billion in Outflows as It Resumes Normal Transactions
Reposts 3 2d
Le Monde
Binance cryptocurrency platform hack: the platform announces reopening withdrawals, the FBI accuses North Korea of the 'crime of the century'

The global platform said on Sunday that it had opened 'the first wave of withdrawals' to its users, proceeding 'in steps' after the largest cryptocurrency theft ever recorded, for which the FBI accuses North Korean hackers

Binance cryptocurrency platform hack: the platform announces reopening withdrawals, the FBI accuses North Korea of the 'crime of the century'
Reposts 13 2d
Süddeutsche Zeitung
Hacker attack on Binance: After billions stolen, cryptocurrency exchange resumes withdrawals

Hackers stole digital currencies worth $6.3 billion in an attack on the world's largest cryptocurrency exchange, Binance. Binance is now gradually resuming withdrawals.

Hacker attack on Binance: After billions stolen, cryptocurrency exchange resumes withdrawals
Reposts 1 2d
Financial Times
FirstFT: Donald Trump makes his final pitch to voters

Also in today’s newsletter: Binance users pull $5bn from crypto exchange and junk bond prices plunge

Reposts 1 1d
Kathimerini
A Marvelous New World in a Spin

A digital heist at Binance, the world's largest cryptocurrency exchange, netting about $6.3 billion, unsettled the global crypto market this morning and rang the alarm bell. What if a cyberattack hit state infrastructure and paralyzed countries?

Reposts 0 2d
HVG
Binance resumes withdrawals after gigantic hacking attack

You can once again use the world's largest cryptocurrency exchange, though some hiccups are still possible.

Binance resumes withdrawals after gigantic hacking attack
Reposts 0 2d
HotNews
Binance resumes cryptocurrency withdrawals after the $6.3 billion hack

Binance, the world's largest cryptocurrency exchange, said on Sunday that withdrawals of Bitcoin and other digital assets have resumed after a cyberattack worth about $6.3 billion, the largest cryptocurrency theft on record, CNBC reported, citing News.ro. Separately, the FBI in the United States ...

Reposts 0 2d
HotNews
How North Korea became a cybercrime superpower

The $6.3 billion Binance heist reveals a state-run mechanism for recruitment, training, and cyberattacks that provides Pyongyang with a substantial cash infusion. One of the most isolated countries in the world has found a way to reach the digital vaults of the global economy. North Korea has built ...

Reposts 0 2d
Handelsblatt
Hacker attack: FBI says North Korean hackers behind multibillion-dollar crypto heist at Binance

According to the U.S. federal police, the group TraderTraitor is behind the world's largest digital heist. Binance plans to resume withdrawals.

Hacker attack: FBI says North Korean hackers behind multibillion-dollar crypto heist at Binance
Reposts 0 2d
The Wall Street Journal
Binance Resumes Withdrawals After Suffering Biggest-Ever Crypto Hack

The exchange says it has replaced roughly 95% of the stolen assets thus far.

Binance Resumes Withdrawals After Suffering Biggest-Ever Crypto Hack
Reposts 0 2d
Handelsblatt
Digital currencies: Binance allows customer withdrawals after hacker attack

Following Binance's record hacker attack, the crypto exchange's customers are likely to come through relatively unscathed; they can now withdraw their deposits again.

Digital currencies: Binance allows customer withdrawals after hacker attack
Reposts 0 2d
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