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Binance sees spike in withdrawals after $6.3-billion heist

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The Globe and Mail - Business
By Shubham Kalia and Kanjyik Ghosh
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Binance sees spike in withdrawals after $6.3-billion heist
Photo / Coverage: The Globe and Mail - BusinessCredit: Shubham Kalia and Kanjyik Ghosh
EXECUTIVE SUMMARY

Customers pull $3.64-billion, or 2.1% of assets, as world’s biggest cryptocurrency exchange goes back online

Key Takeaways

  • Binance sees spike in withdrawals after $6.3-billion heist.

Binance customers pulled US$3.64-billion, or 2.1 per cent of its assets, as the world’s biggest cryptocurrency exchange went back online on Sunday after hackers the FBI links to North Korea stole billions from the platform last week.

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