{
  "id": 17705918,
  "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-17705918",
  "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/international/global/binance-sees-spike-withdrawals-exchange-returns-online-after-us6-3-billion-heist"
  },
  "original_language": "en",
  "account": "Binance detected a surge in withdrawals after returning online following a US$6.3 billion heist orchestrated by hackers allegedly linked to North Korea, according to analysts. The exchange saw customers withdraw US$3.64 billion, accounting for 2.1% of its assets, as it came back online on Sunday (Nov 1) after the cyber attack last week. Binance stated that withdrawal levels stabilized after an initial spike, while deposit volumes remained substantial. The company claimed to have covered 95% of the stolen assets' value, amounting to US$6.3 billion. The heist is believed to be the largest financial robbery ever, adding to a series of recent crypto thefts. Binance emphasized that withdrawal levels serve as an early indicator of customer trust in the platform 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."
}