{
  "id": 17692445,
  "title": "Binance sees spike in withdrawals as exchange returns online after US$6.3 billion heist",
  "url": "https://urgent.news/2026/11/01/binance-sees-spike-in-withdrawals-as-exchange-returns-online-after-us-17692445",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-01T22:11:38.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/banking-finance/binance-sees-spike-withdrawals-exchange-returns-online-after-us6-3-billion-heist"
  },
  "original_language": "en",
  "account": "Binance, the world's largest cryptocurrency exchange, observed a significant increase in withdrawals after recovering online following a US$6.3 billion heist. The exchange returned operational status on Sunday (Nov 1) after hackers, allegedly tied to North Korea, stole billions from the platform the previous week. Binance reported a temporary spike in withdrawal activities, followed by a stabilization phase, while deposit volumes remained substantial. The exchange has now covered 95 percent of the stolen assets. Analysts speculate this may be the biggest financial robbery ever, adding to recent crypto thefts. The withdrawal levels serve as an initial gauge of customer trust in the exchange post-attack.",
  "summary": "Analysts believe the incident may be the biggest financial robbery ever",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Business Standard IN",
        "title": "Binance says it has covered $6 billion of $6.3 billion stolen in hack",
        "url": "https://urgent.news/2026/11/01/binance-says-it-has-covered-6-billion-of-6-3-billion-stolen-in-hack",
        "published": "2026-11-01T04:58:29.000Z"
      },
      {
        "outlet": "South China Morning Post",
        "title": "Binance sees spike in withdrawals as exchange returns online after US$6.3 billion hack",
        "url": "https://urgent.news/2026/11/01/binance-sees-spike-in-withdrawals-as-exchange-returns-online-after-us",
        "published": "2026-11-01T19:53:28.000Z"
      }
    ]
  },
  "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."
}