Binance resumes withdrawals after covering 95% of stolen funds
Published 1 d ago4 sourcesEvidence: Reported
Binance has resumed withdrawals in phases after a security breach, processing $4.65B in withdrawals and $1.01B in deposits, resulting in a net outflow of $3.64B. The scale of the outflow indicates significant user concern and potential market stress in the crypto sector. The full impact on Binance's solvency and broader crypto market stability remains uncertain.
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