Binance reopens withdrawals after recovering 90% of $6.3 billion hack

20min.ch (French) —

Binance will reopen withdrawals on Sunday after recovering 90% of assets stolen in a $6.3 billion hack, the largest crypto theft on record. The exchange suspended withdrawals Thursday to stem losses from a "complex attack" with multiple breach points. Binance says no customers will be harmed and is purchasing replacement assets, with the remaining 10% being less liquid and slower to acquire. Analysts TRM Labs, Chainalysis, and Elliptic suspect North Korean-linked Lazarus Group, though unconfirmed. Binance, with 335 million users, faces potential customer departures as trust in the sector's leader is tested.


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