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Binance Withdrawals Reopened as Exchange Begins Recovery After $6.3B Hack

Bitcoinist
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Binance Withdrawals Reopened as Exchange Begins Recovery After $6.3B Hack

TLDR Binance withdrawals reopened in phases after its $6.3 billion security breach, with Bitcoin becoming the first network to reopen as the exchange works to restore access to customer funds. Binance has started the first phase of its withdrawal recovery plan after suspending services following Thursday’s massive cryptocurrency theft. The exchange confirmed on November 1 […]

Key Takeaways

  1. TLDR Binance withdrawals reopened in phases after its $6.3 billion security breach, with Bitcoin becoming the first network to reopen as the exchange works to restore access to customer funds.
  2. Binance has started the first phase of its withdrawal recovery plan after suspending services following Thursday’s massive cryptocurrency theft.
  3. The exchange confirmed on November 1 […]
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.