{
  "id": 17883638,
  "title": "Binance clients pull US$4.7bil after hack as crypto world studies fallout",
  "url": "https://urgent.news/2026/11/03/binance-clients-pull-us-4-7bil-after-hack-as-crypto-world-studies",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-03T00:45:15.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/11/1569491/binance-clients-pull-us47bil-after-hack-crypto-world-studies"
  },
  "original_language": "en",
  "account": "Binance, the world's largest cryptocurrency exchange, is facing challenges after hackers stole around US$6.3 billion from its platform. Since the hack, Binance customers have withdrawn a net US$4.72 billion from the exchange. The FBI attributes the attack to North Korea, marking an escalation in the country's crypto thefts, which have stolen US$7.4 billion so far in 2026. Binance has vowed to repay customers in full and has set aside US$6 billion from its corporate treasury, an insurance fund, and security breach reserves to cover the losses. Analysts and experts say the fallout appears limited so far, and there is no significant impact on broader financial markets.",
  "summary": "SINGAPORE: Binance’s customers have withdrawn a net US$4.72 billion from the world’s biggest cryptocurrency exchange since it reopened, after hackers stole around US$6.3 billion of crypto from the platform in what could be the largest-ever financial heist.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "Arabian Business",
        "title": "Binance hack could become largest crypto heist in history, with over $6bn at risk",
        "url": "https://urgent.news/2026/11/02/binance-hack-could-become-largest-crypto-heist-in-history-with-over",
        "published": "2026-11-02T05:00:00.000Z"
      },
      {
        "outlet": "Moneyweb",
        "title": "Bitcoin’s resilience after Binance hack masks market jitters",
        "url": "https://urgent.news/2026/11/02/bitcoins-resilience-after-binance-hack-masks-market-jitters",
        "published": "2026-11-02T06:35:19.000Z"
      },
      {
        "outlet": "CoinDesk",
        "title": "Binance hack fallout, U.S. midterms and jobs report: Crypto Week Ahead",
        "url": "https://urgent.news/2026/11/02/binance-hack-fallout-u-s-midterms-and-jobs-report-crypto-week-ahead",
        "published": "2026-11-02T09:04:49.000Z"
      },
      {
        "outlet": "The Register Science",
        "title": "FBI pins $6.3B Binance crypto heist on North Korean hackers",
        "url": "https://urgent.news/2026/11/02/fbi-pins-6-3b-binance-crypto-heist-on-north-korean-hackers",
        "published": "2026-11-02T11:45:00.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Binance says customers pulled net $4.7 billion after hack as crypto world weighs risk",
        "url": "https://urgent.news/2026/11/02/binance-says-customers-pulled-net-4-7-billion-after-hack-as-crypto",
        "published": "2026-11-02T12:10:29.000Z"
      },
      {
        "outlet": "WSJ Markets",
        "title": "The Morning Risk Report: Binance Resumes Withdrawals After Suffering Biggest-Ever Crypto Hack",
        "url": "https://urgent.news/2026/11/02/the-morning-risk-report-binance-resumes-withdrawals-after-suffering",
        "published": "2026-11-02T12:35:00.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Binance clients pull US$4.7bil after hack as crypto world studies fallout",
        "url": "https://urgent.news/2026/11/02/binance-clients-pull-us-4-7bil-after-hack-as-crypto-world-studies",
        "published": "2026-11-02T15:58:00.000Z"
      }
    ]
  },
  "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."
}