Binance Resumes Withdrawals After Hack; Report Says More Than $4 Billion Pulled
JH Kim
Summary
- Binance resumed withdrawals after a $6.3 billion hack, the report said.
- The report said more than $4 billion in assets was withdrawn from Binance after withdrawals resumed.
- It said the specific asset mix, tally period and actual losses from the hack were not confirmed.
Forecast Trend Report by Period
More than $4 billion in assets was withdrawn from cryptocurrency exchange Binance after withdrawal services resumed following a hack, according to a report.
Cointelegraph reported on November 1 that Binance resumed withdrawals after a $6.3 billion hacking incident and that users pulled large amounts of assets from the platform.
The report said withdrawals from Binance after services resumed exceeded $4 billion.
The specific composition of the withdrawn assets, the period covered by the tally and the actual losses from the hack were not separately confirmed.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.