Users pull $3.6 bn from Binance as it reopens following $6.3 billion mega-hack - FBI says North Korean hacking group 'TraderTraitor' to blame, North Korea says nuh-uh
Plenty of users still happy to deposit their funds into the cryptocurrency exchange nevertheless.
On November 1, cryptocurrency exchange Binance reopened after a massive $6.3 billion hack. The attack resulted in $3.6 billion in withdrawals from Binance customers in less than 10 hours, despite $4.649 billion being deposited during the same period. The exchange suspended withdrawals temporarily to investigate the incident and restore services.
By November 3, hourly deposits had surpassed withdrawals, indicating improving user activity and stabilizing cash flow. The FBI attributed the hack to North Korean hacking group TraderTraitor, but North Korea denied these allegations.
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