Binance Resumes Crypto Withdrawals After Record Hack, 95% of Losses Covered
Binance began restoring withdrawals on November 1, three days after a record $6.3 billion hack. Bitcoin was the first network to reopen as part of a controlled rollout. Meanwhile, the exchange says it has already covered about 95% of the stolen funds from its own reserves. How Binance Is Restoring Withdrawals After the Hack A The post Binance Resumes Crypto Withdrawals After Record Hack, 95% of Losses Covered appeared first on BeInCrypto.
Key Takeaways
- Binance began restoring withdrawals on November 1, three days after a record $6.3 billion hack.
- Bitcoin was the first network to reopen as part of a controlled rollout.
- Meanwhile, the exchange says it has already covered about 95% of the stolen funds from its own reserves.
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