BINANCE SEES $3.5 BILLION IN OUTFLOWS AFTER RECORD $6.3 BILLION HACK
Binance recorded more than $3.5 billion in net outflows Sunday, according to DefiLlama, after resuming withdrawals following a $6.3 billion cryptocurrency theft.
The exchange says it has replaced 95% of stolen assets, with withdrawals now stabilizing.
The FBI attributed the attack to North Korea’s TraderTraitor hacking group, although President Trump said the country’s involvement remains uncertain.
Binance, the world's largest crypto exchange, said Sunday it had resumed withdrawals for some major cryptocurrencies such as Bitcoin and Ethereal after more than $6 billion in assets were stolen from the exchange.
Binance said it would resume withdrawals in phases on Sunday, two days after hackers attempted to drain more than $6 billion from the crypto exchange in the biggest cyber theft ever recorded