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Crypto & Bitcoin

Binance says phase one of withdrawals opens after $6.3B hack

Reported by Michael Millard, Cointelegraph

Image: Cointelegraph

The crypto exchange said it has begun phased withdrawals after the record hack the FBI has blamed on North Korea. Binance said it has reopened its Bitcoin network in phase one of resuming withdrawals after a major hack of about $6.3 billion in funds. The crypto exchange had suspended user withdrawals after the attack on Thursday, which the FBI blamed on North Korean operatives . “First batch network now opened in phase one of withdrawals is $BTC bitcoin network,” Binance said on X.

This is an excerpt. The reporting belongs to Cointelegraph.

Read the full report on cointelegraph.com
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