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Binance net outflows surge to $5.8B as withdrawals resume after record hack

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Cointelegraph
By Cointelegraph by Felix Ng
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Binance net outflows surge to $5.8B as withdrawals resume after record hack
Photo / Coverage: CointelegraphCredit: Cointelegraph by Felix Ng
EXECUTIVE SUMMARY

The exchange says withdrawals surged after some services resumed but have since slowed, with the outflows representing a fraction of its roughly $171 billion in customer assets.

Key Takeaways

  • Binance net outflows surge to $5.8B as withdrawals resume after record hack.
  • The exchange says withdrawals surged after some services resumed but have since slowed, with the outflows representing a fraction of its roughly $171 billion in customer assets.
  • The exchange says withdrawals surged after some services resumed but have since slowed, with the outflows representing a fraction of its roughly $171 billion in customer assets.

The exchange says withdrawals surged after some services resumed but have since slowed, with the outflows representing a fraction of its roughly $171 billion in customer assets.

Share:WhatsAppFacebookX (Twitter)Telegram

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Published originally on Cointelegraph

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OTHER MEDIA SOURCES COVERING THIS STORY
2 Publishers Reporting
CryptoSlate
Tracked Binance wallets record $2.5 billion in outflows as withdrawals reopen after hack

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