{
  "id": 17707161,
  "title": "Binance sees $3.64 billion in net outflows as withdrawals resume after massive hack",
  "url": "https://urgent.news/2026/11/02/binance-sees-3-64-billion-in-net-outflows-as-withdrawals-resume-after",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-11-02T00:11:37.000Z",
  "source": {
    "name": "CNBC World",
    "slug": "cnbc-world",
    "url": "https://www.cnbc.com/2026/11/02/binance-outflow-hack-bitcoin.html"
  },
  "original_language": "en",
  "account": null,
  "summary": "Binance recorded $3.64 billion in net outflows, representing 2.1% of its total assets, after resuming customer withdrawals in phases on Sunday. This follows a $6.3 billion hack, which the FBI has linked to North Korea. Binance stated that withdrawals initially surged but have since stabilized, noting that deposit volumes remained substantial. While Cointelegraph reported DefiLlama data showing $5.8 billion in net outflows over 24 hours, a Binance spokesperson told SCMP Business that the DefiLlama figures were inaccurate because they did not include flows deposited to the company's own new hot wallet.\n\nThe exchange has offered reassurances that it will cover the losses from the cyberattack. Free Malaysia Today reported that Binance has used company funds to buy tokens to replenish 90% of the stolen assets, while SCMP Business reported the company has now covered 95% of the $6.3 billion theft. The hack, which some analysts believe may be the largest financial robbery ever, caused the prices of most major cryptocurrencies to fall sharply on Friday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 10,
    "also_reported_by": [
      {
        "outlet": "CoinDesk",
        "title": "The $6.3 billion Binance hack paradox: Centralization made the hack possible, but also saved $3 billion",
        "url": "https://urgent.news/2026/10/31/the-6-3-billion-binance-hack-paradox-centralization-made-the-hack",
        "published": "2026-10-31T12:00:00.000Z"
      },
      {
        "outlet": "CNA - Business",
        "title": "Binance says has covered 90% of US$6.3 billion hack losses",
        "url": "https://urgent.news/2026/10/31/binance-says-has-covered-90-of-us-6-3-billion-hack-losses",
        "published": "2026-10-31T21:01:00.000Z"
      },
      {
        "outlet": "South China Morning Post",
        "title": "FBI blames North Korea for stolen billions from Binance in biggest hack in history",
        "url": "https://urgent.news/2026/10/31/fbi-blames-north-korea-for-stolen-billions-from-binance-in-biggest",
        "published": "2026-10-31T23:49:22.000Z"
      },
      {
        "outlet": "France 24 Business",
        "title": "Binance says resuming withdrawals after major hack",
        "url": "https://urgent.news/2026/11/01/binance-says-resuming-withdrawals-after-major-hack-17563851",
        "published": "2026-11-01T07:01:49.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Binance says resuming withdrawals after major hack",
        "url": "https://urgent.news/2026/11/01/binance-says-resuming-withdrawals-after-major-hack",
        "published": "2026-11-01T07:07:52.000Z"
      },
      {
        "outlet": "Bangkok Post",
        "title": "Binance says resuming withdrawals after major hack",
        "url": "https://urgent.news/2026/11/01/binance-says-resuming-withdrawals-after-major-hack-17558901",
        "published": "2026-11-01T07:45:00.000Z"
      },
      {
        "outlet": "City AM",
        "title": "Binance resumes customer withdrawals after record $6.3bn hack",
        "url": "https://urgent.news/2026/11/01/binance-resumes-customer-withdrawals-after-record-6-3bn-hack",
        "published": "2026-11-01T16:08:49.000Z"
      },
      {
        "outlet": "Guardian Business",
        "title": "Investors take out $3.6bn from Binance after record hack that stole billions",
        "url": "https://urgent.news/2026/11/01/investors-take-out-3-6bn-from-binance-after-record-hack-that-stole",
        "published": "2026-11-01T18:08:05.000Z"
      },
      {
        "outlet": "Cointelegraph",
        "title": "Binance net outflows surge to $5.8B as withdrawals resume after record hack",
        "url": "https://urgent.news/2026/11/01/binance-net-outflows-surge-to-5-8b-as-withdrawals-resume-after-record",
        "published": "2026-11-01T23:59:27.000Z"
      }
    ]
  },
  "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."
}