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Binance resumes phased withdrawals after $6.36B hack attributed to North Korea

Binance announces it has covered 95% of losses and resumes phased withdrawals

1 Nov 1 · 10d ago · 2 articles · 2 sources · development 1 of 1

Binance says it has covered about 95% of the impacted amount using its own resources, with all major assets including Bitcoin, Ethereum and major stablecoins fully backed at 100%. The company commits to absorbing the entire financial impact rather than passing losses to customers and will release a full post-incident report once the investigation concludes.

Binance announces it has covered 95% of losses and resumes phased withdrawals
dailyhodl.com

“Binance says user funds remain safe, and it will absorb the entire financial impact rather than passing losses to customers.”

Binance

Binance cryptocurrency exchangeFBI U.S. law enforcementTraderTraitor North Korea alleged attacker

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Peak 2 pieces in 3h at Nov 1, 12 AM; 2 pieces over 11 days (2 articles) Nov 1, 12 AM — 2 pieces · 2 articles — Newswires 1, Google News 1Nov 1, 2 AM — quietNov 1, 5 AM — quietNov 1, 8 AM — quietNov 1, 11 AM — quietNov 1, 2 PM — quietNov 1, 5 PM — quietNov 1, 8 PM — quietNov 1, 11 PM — quietNov 2, 2 AM — quietNov 2, 5 AM — quietNov 2, 8 AM — quietNov 2, 11 AM — quietNov 2, 2 PM — quietNov 2, 5 PM — quietNov 2, 8 PM — quietNov 2, 11 PM — quietNov 3, 2 AM — quietNov 3, 5 AM — quietNov 3, 8 AM — quietNov 3, 11 AM — quietNov 3, 2 PM — quietNov 3, 5 PM — quietNov 3, 8 PM — quietNov 3, 11 PM — quietNov 4, 2 AM — quietNov 4, 5 AM — quietNov 4, 8 AM — quietNov 4, 11 AM — quietNov 4, 2 PM — quietNov 4, 5 PM — quietNov 4, 8 PM — quietNov 4, 11 PM — quietNov 5, 2 AM — quietNov 5, 5 AM — quietNov 5, 8 AM — quietNov 5, 11 AM — quietNov 5, 2 PM — quietNov 5, 5 PM — quietNov 5, 8 PM — quietNov 5, 11 PM — quietNov 6, 2 AM — quietNov 6, 5 AM — quietNov 6, 8 AM — quietNov 6, 11 AM — quietNov 6, 2 PM — quietNov 6, 5 PM — quietNov 6, 8 PM — quietNov 6, 11 PM — quietNov 7, 2 AM — quietNov 7, 5 AM — quietNov 7, 8 AM — quietNov 7, 11 AM — quietNov 7, 2 PM — quietNov 7, 5 PM — quietNov 7, 8 PM — quietNov 7, 11 PM — quietNov 8, 2 AM — quietNov 8, 5 AM — quietNov 8, 8 AM — quietNov 8, 11 AM — quietNov 8, 2 PM — quietNov 8, 5 PM — quietNov 8, 8 PM — quietNov 8, 11 PM — quietNov 9, 2 AM — quietNov 9, 5 AM — quietNov 9, 8 AM — quietNov 9, 11 AM — quietNov 9, 2 PM — quietNov 9, 5 PM — quietNov 9, 8 PM — quietNov 9, 11 PM — quietYesterday, 2 AM — quietYesterday, 5 AM — quietYesterday, 8 AM — quietYesterday, 11 AM — quietYesterday, 2 PM — quietYesterday, 5 PM — quietYesterday, 8 PM — quietYesterday, 11 PM — quietToday, 2 AM — quietToday, 5 AM — quietToday, 8 AM — quietToday, 11 AM — quietToday, 2 PM — quietToday, 5 PM — quietToday, 8 PM — quiet 1
1Binance announces it has covered 95% of…
Nov 2Nov 3Nov 4Nov 5Nov 6Nov 7Nov 8Nov 9yesterdaynow · 9:48 PM ET

What was reported 1 claim about this development

  1. 1 outlet Binance Resumes Phased Bitcoin and Crypto Withdrawals After Record $6,360,000,000 Hack

    first by The Daily Hodl, 10d ago

    1 more headline

All 1 developments of Binance resumes phased withdrawals after $6.36B hack… →

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