{
  "id": 17739432,
  "title": "Binance sees outflows stabilising as exchange returns online after US$6.3 billion heist",
  "url": "https://urgent.news/2026/11/02/binance-sees-outflows-stabilising-as-exchange-returns-online-after-us",
  "topic": "world",
  "section": "World",
  "published": "2026-11-02T03:47:40.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/business/binance-crypto-exchange-online-63-billion-heist-6512096"
  },
  "original_language": "en",
  "account": "Binance, the world's largest cryptocurrency exchange, reported stabilising withdrawals after an initial surge following a US$6.3 billion theft linked to North Korea. Customers withdrew US$3.64 billion, or 2.1% of the platform's assets, as service resumed. Analysts believe this may be the world's largest financial robbery. Bitcoin prices recovered slightly, while Ether hit a two-month low before also showing signs of recovery. Binance, with 335 million global users, said it had US$171 billion in assets under management. The exchange covered 95% of the stolen assets, but the remaining 5% consists of less liquid assets. Some users are considering diversifying custody arrangements to hedge risks. The attack is believed to be the work of a North Korean state-sponsored unit. Binance is implementing a phased withdrawal approach, prioritising user demand. The FBI confirmed North Korea's involvement in the attack.",
  "summary": "The world's biggest cryptocurrency exchange has moved to reassure crypto investors and said withdrawals were stabilising after an initial spike.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Binance sees outflows stabilising as exchange returns online after $6.3 billion heist",
        "url": "https://urgent.news/2026/11/02/binance-sees-outflows-stabilising-as-exchange-returns-online-after-6",
        "published": "2026-11-02T02:24:25.000Z"
      },
      {
        "outlet": "Economic Times Tech",
        "title": "Binance sees outflows stabilising as exchange returns online after $6.3 billion heist",
        "url": "https://urgent.news/2026/11/02/binance-sees-outflows-stabilising-as-exchange-returns-online-after-6-17733526",
        "published": "2026-11-02T02:45:13.000Z"
      },
      {
        "outlet": "The Indian Express",
        "title": "Binance sees outflows stabilising as exchange returns online after $6.3 billion heist",
        "url": "https://urgent.news/2026/11/02/binance-sees-outflows-stabilising-as-exchange-returns-online-after-6-17737156",
        "published": "2026-11-02T03:42:46.000Z"
      },
      {
        "outlet": "The Hindu - Sci-Tech",
        "title": "Binance sees outflows stabilising as exchange returns online after $6.3 billion heist",
        "url": "https://urgent.news/2026/11/02/binance-sees-outflows-stabilising-as-exchange-returns-online-after-6-17747156",
        "published": "2026-11-02T05:07:34.000Z"
      }
    ]
  },
  "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."
}