Binance said net outflows were about 3% of its platform assets after a withdrawal freeze.
Binance said net outflows represented 3% of the assets on its platform, suggesting customer confidence has largely held up.
Traders have pulled billions from Binance since late last week, when the crypto exchange giant suffered the largest cyber theft in history.
Binance details US$3.6 billion in net outflows after cyber theft and says it will reimburse customers in full.
Following Binance’s roughly $6.3 billion hack, the FBI asked THORChain node operators and other decentralized finance (DeFi) services to block transactions linked to the stolen funds. The request...
The scale and sophistication of the Binance hack is alarming—and all of this will soon be turbocharged by AI.
Binance says user funds are "safe" after a $6.3 billion crypto hack. Here's what we know about withdrawals, stolen assets, and who may be responsible.
Daily revenue for some of the platforms rose as high as 2,229% as the Binance hacker laundered part of the stolen funds through them.
Crypto exchange Gate said it froze two linked accounts as US investigators urged platforms to block transactions tied to the $6.3 billion theft.
Even those unaffected by the $6.3bn cyber attack could be targets, security experts warn
The Binance attack added pressure to an already weakening market, and dragged the Fear and Greed Index further into fear territory.
Binance has increased the incentives it offers some market makers to trade on its platform, as the world’s largest crypto exchange seeks to bolster activity on its venue after suffering a record...
The Binance hack was the culmination of "Black October," a month-long hacking spree affecting hundreds of companies and institutions around the globe — and experts warn that traditional banks are...
Rival venues place ‘additional alerts and restrictions’ on the movement of funds
BlackRock’s Bitcoin ETF shed $405.3 million on Monday as US spot Bitcoin funds opened November with nearly $399 million in net outflows.
The first trading day after the Binance hack saw the biggest ETF outflow since June 25.
US spot Bitcoin ETFs ended October with $515 million in net withdrawals, while Ether funds posted a record $1.61 billion in monthly outflows.
Bitcoin held $76,000 support as Binance recorded $3.64B in net outflows after its $6.3B hack, while spot Bitcoin ETFs saw $643.2M in daily outflows.
Bitcoin ETFs saw $643.2 million in outflows Friday, the first full trading session after the $6.4 billion Binance hack, ending October with roughly $516 million in net outflows.
The user protection fund now sits below the $800 million level that Binance’s own rules say triggers a top-up, and the exchange hasn’t said when it will refill it.
Bitcoin fell 0.4% to around $77,900 since midnight UTC as Binance customers pulled a net $3.64 billion after withdrawals reopened and ETFs lost $643 million.
Binance’s SAFU Bitcoin wallet now holds about 7,500 BTC after a 7,499 BTC transfer linked to the hack, with no timeline for restoring the $1 billion fund.
TL;DR Bitcoin slipped 0.4% to around $77,900 as investors assessed the fallout from Binance’s $6.3 billion hack as binance outflows pressure BTC’s price. Binance reported $3.64 billion in net...
The November 2 update says the full proof is complete, while replenishment remains about 95% and broader token coverage is planned. Read the full story on CryptoSlateUnderstand the crypto stories...
Binance has provided new statistics that back its commitment to protecting customers after a hack that cost $6.3 billion. The company conducted a cryptographic verification of its reserves...
Binance completed a zk-SNARK proof for a reserve snapshot covering 10 tokens after its estimated $6.3 billion security breach.
Binance says it has restored backing for 90% of assets affected by its $6.3 billion hack and is planning to resume withdrawals, subject to security checks.
Binance withdrawals resume as the exchange covers $6 billion of the $6.3 billion stolen in a hack the FBI ties to North Korea.
Crypto exchange to reimburse users whose assets were stolen in hack blamed on North Korea-linked group
The exchange froze transactions following the incident which has been linked to a North Korean group.
Binance's customers have withdrawn a net $4.72 billion from the world's biggest cryptocurrency exchange since it reopened, after hackers stole around $6.3 billion of crypto from the platform in...
Binance warns users about fake withdrawal offers and impersonation scams as it gradually restores crypto withdrawals following its $6.3 billion security incident.
OKX says it is tracking stolen funds, strengthening risk controls, and reviewing its security systems following the $6.3 billion Binance hack.
The net outflow represents 2.1pc of the platform's total $171bn in assets under management.
Binance withdrawals hit FTX levels in November, but $171B in assets, hack coverage and Bitcoin's resilience point to a stronger crypto market.
Binance said it has covered the bulk of the $6.3 billion in tokens stolen by hackers that the FBI and analysts say are tied to North Korea.
Strangers are sending messages through small Bitcoin transactions to 19 wallets holding 18,270 BTC stolen in the Binance hack, as the attacker continues moving other stolen funds.
The Binance hack has renewed concerns about cryptocurrency security after attackers stole approximately $6.3 billion in digital assets from the world’s largest crypto exchange. The October 29...
The $6.3 billion Binance breach has revived a debate over whether crypto exchanges are less secure than banks or simply harder to protect once hackers get inside.
The 19 wallets holding 18,270 stolen BTC have taken in nothing since Thursday except payments worth under a dollar, each carrying a message, from pleas to laundering pitches to a token shill.
For most crypto investors, the theft of $6.3 billion from Binance was a reminder of the risks that still surround digital assets. For a small group of fast-moving trading firms and skilled...
Binance says it will make customers whole after its record hack, but early withdrawals show confidence remains fragile.
Since the record cyber theft against the world’s largest crypto exchange last week, traders bracing for the worst have instead watched Bitcoin pull off an unexpected feat: defying gravity.
Ether and BNB also gained, while US stock futures moved higher.
The hacker moving the stolen funds could create localized selling pressure while also making their recovery and attribution harder.
Binance says it has replaced 95% of the stolen assets. The $3.64 billion net outflow points to lingering customer concerns.
The exchange says all 15 initial crypto network groups have reopened, but withdrawals for several other tokens remain suspended.... Read the full story at The Defiant
Binance resumes withdrawals after its $6.3 billion hack, reopening 15 networks and covering 95% of stolen assets with company funds as recovery continues.
Binance has resumed some cryptocurrency withdrawals after covering most of the losses from a $6.3-billion hack attributed by the FBI to a North Korean state-sponsored hacking group.
Binance has experienced $3.64 billion in withdrawals following a major security breach during the previous week. The platform's breach led to over $6.3 billion being stolen by a North Korean cyber...
Binance customers pulled $3.64 billion, or 2.1% of its assets, as the world's biggest cryptocurrency exchange resumed service after a security breach linked to North Korea saw $6.3 billion stolen...
Crypto traders are moving funds off Binance as withdrawal services return online, testing platform stability following the largest exchange heist on record.
Withdrawals opened again on the platform today, after being paused in the immediate aftermath of the attack. However, not all types of digital assets on its platform are available again at the...
Weekly net outflows reached nearly $14 billion, while the next nine venues by tracked assets recorded $507 million in combined daily net inflows.... Read the full story at The Defiant
TL;DR Binance-linked wallets recorded approximately $6.1 billion in outflows within 24 hours of withdrawals resuming The Binance outflows represented around 3.6% of the exchange’s previously...
Binance, the world’s largest crypto exchange, saw $5.8 billion in net outflow of assets after it resumed processing withdrawals for users on Sunday morning following a historic $6.3 billion hack....
The exchange says withdrawals surged after some services resumed but have since slowed, with the outflows representing a fraction of its roughly $171 billion in customer assets.
Binance has announced that people can now withdraw cash in dollars again as they work on getting their systems back on track after experiencing the biggest cryptocurrency heist ever just a week...
Binance said that it had seen withdrawals of around $4.7 billion on Sunday, after more than $6 billion in virtual assets were stolen from the cryptocurrency exchange in a major hack the FBI said...
Binance has announced the resumption of cryptocurrency withdrawals after recovering a significant portion of stolen assets. The exchange has identified a North Korean unit behind the theft and is...
Binance, the world’s biggest cryptocurrency exchange, said it would resume withdrawals in phases after covering 95% of the $6.3 billion in tokens stolen from its platform in the world's largest...
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