Binance to resume withdrawals after covering 95% of $6.3bn crypto heist
Binance , the world’s largest cryptocurrency exchange, is preparing to resume cryptocurrency withdrawals in phases after covering 95 per cent of the $6.3 billion in tokens stolen in what has been described as the world’s largest digital heist. The first phase of withdrawals is scheduled to begin between 6am and 9am GMT on Sunday, covering Bitcoin , ether, BNB, Solana, XRP, dogecoin and other…
Binance, the world's largest cryptocurrency exchange, is scheduled to resume withdrawals in phases after recovering 95% of the $6.3 billion in stolen tokens in what has been described as the largest digital heist. The first phase is set to begin on Sunday between 6am and 9am GMT, offering withdrawals for Bitcoin, ether, BNB, Solana, XRP, Dogecoin, and several other digital assets.
The remaining 5% of the stolen tokens, which are less liquid, may take longer to source, according to Binance. The exchange said it would absorb the financial impact of the stolen funds and not pass the losses to customers. The FBI attributed the attack to TraderTraitor, a North Korean state-sponsored hacking unit.
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