Binance reported about $11 billion in withdrawals between 06:00 UTC on Nov. 1 and 04:00 UTC on Nov. 3, after reopening services following its record $6 billion hack on Oct. 29. Deposits of about $6 billion offset just over half the withdrawals, leaving roughly $5 billion in net outflows over the same period, according to… Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Binance reports $11 billion withdrawn in 46 hours as Zhao says few funds went to rivals
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CryptoSlateBy Oluwapelumi Adejumo
EXECUTIVE SUMMARY
Binance reported about $11 billion in withdrawals between 06:00 UTC on Nov. 1 and 04:00 UTC on Nov. 3, after reopening services following its record $6 billion hack on Oct. 29. Deposits of about $6 billion offset just over half the withdrawals, leaving roughly $5 billion in net outflows over the same period, according to… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Key Takeaways
- Binance reports $11 billion withdrawn in 46 hours as Zhao says few funds went to rivals.
- Binance reported about $11 billion in withdrawals between 06:00 UTC on Nov.
- 1 and 04:00 UTC on Nov.
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Published originally on CryptoSlate
