Binance reopens some crypto withdrawals following exchange hack

First reported by Wall Street Journal at · Updated · 3 sources

Users withdrew $5 billion as services restarted, according to the Financial Times, which also reported that Binance pledged to reimburse those whose assets were stolen. Withdrawals would return in phases subject to security checks, CBS News reported. The hack was blamed on a North Korea-linked group, according to the Financial Times.

  • The FBI urged DeFi protocols to block transactions linked to North Korean hackers, according to Gizmodo.

Covered by 3 publishers within 5 hours of the first report.

Reporting3

Wall Street Journal The Morning Risk Report: Binance Resumes Withdrawals After Suffering Biggest-Ever Crypto Hack · Yusuf Khan
CBS News Binance resumes withdrawals for some cryptocurrencies after heist
Gizmodo Binance Users Pull Billions Off Crypto Exchange After Withdrawals Resume · Kyle Torpey

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Topics Crypto