Binance has announced a phased resumption of cryptocurrency withdrawals following a significant heist of $6.3 billion. The exchange reported it has recovered 95% of the stolen digital assets, enabling this process. The remaining 5% consists of less liquid tokens, which may require additional time to source. The FBI is investigating the cyberattack, linking it to a North Korean hacking group named TraderTraitor.
Binance to resume withdrawals after recovering 95% of $6.3 billion crypto theft
TI
Times of India - India NewsBy Yashasvi Vasistha
EXECUTIVE SUMMARY
Binance has announced a phased resumption of cryptocurrency withdrawals following a significant heist of $6.3 billion. The exchange reported it has recovered 95% of the stolen digital assets, enabling this process. The remaining 5% consists of less liquid tokens, which may require additional time to source. The FBI is investigating the cyberattack, linking it to a North Korean hacking group named TraderTraitor.
Key Takeaways
- Binance to resume withdrawals after recovering 95% of $6.3 billion crypto theft.
- Binance has announced a phased resumption of cryptocurrency withdrawals following a significant heist of $6.3 billion.
- The exchange reported it has recovered 95% of the stolen digital assets, enabling this process.
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Published originally on Times of India - India News
