TechReuters2h ago

Binance says it plans to resume withdrawals in phases starting Sunday

Binance says it plans to resume withdrawals in phases starting Sunday, after covering 95% of the ~$6.3B in tokens stolen in the hack, including BTC and ETH

TL;DRBinance will restart withdrawals Sunday after repaying most of a $6.3B theft.

Why it matters: Exchange solvency and user fund security directly impact crypto market confidence and adoption.

Binance, the world's biggest cryptocurrency exchange, said it would resume withdrawals in phases after covering 95% of the $6.3 billion …

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Source: Reuters · Opens in new tab