{
  "id": 17688035,
  "title": "Binance resumes withdrawals after more than US$6bil stolen in hack",
  "url": "https://urgent.news/2026/11/01/binance-resumes-withdrawals-after-more-than-us-6bil-stolen-in-hack-17688035",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-11-01T21:26:38.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/highlight/2026/11/02/binance-resumes-withdrawals-after-more-than-us-6bil-stolen-in-hack"
  },
  "original_language": "en",
  "account": "Binance, the world's largest cryptocurrency exchange, has resumed processing withdrawals following a major hack that resulted in the theft of more than US$6 billion in virtual assets. The FBI has identified North Korea, specifically a group called TraderTraitor, as responsible for the attack. Binance had previously suspended withdrawals, but began gradually resuming them on Sunday. In the first phase, the platform processed US$4.65 billion in withdrawals and US$1.01 billion in deposits, amounting to a net outflow of US$3.64 billion, or about 2.1% of Binance's total assets. To compensate for the losses, Binance has committed over US$6.34 billion from its company funds, using the money to buy tokens to replenish 90% of the stolen assets. The remaining 10% are less liquid, requiring more time to acquire. Despite the hack, Binance remains committed to covering the financial impact of the stolen funds.",
  "summary": "The world's largest cryptocurrency exchange has already seen a surge in withdrawals amounting to about 2.1% of the total assets the company manages.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}