TechSlashdot1h ago
Binance Reopens to $3.64 in Net Outflows. '98% Choose to Stay', Says
Binance Reopens to $3.64 in Net Outflows. '98% Choose to Stay', Says Its Founder
TL;DRBinance lost $3.64 billion in withdrawals after reopening following a $6.3 billion breach.
Why it matters: Major exchange breach and mass exodus signals growing crypto user distrust in centralized platforms.
Binance now says it's replenished 90% of assets stolen last week in a $6.3 billion security breach, its customers still "rushed to move funds off the platform" when it reopened Sunday, CNBC reports, and Binance "said it recorded $3.64 billion in net outflows after reopening…
Read full articleSource: Slashdot · Opens in new tab