Binance restores Bitcoin and Ether withdrawals after $6.3 billion North Korea-linked hack

hindustantimes.com —

Binance resumed Bitcoin and Ether withdrawals on Sunday after a $6.3 billion hack the FBI linked to North Korea, covering 95% of stolen funds with company reserves. The exchange restored withdrawals for 15 cryptocurrencies, including Bitcoin, Ether, XRP, and Dogecoin, using its own funds to buy replacement tokens. The FBI identified the state-sponsored TraderTraitor group as responsible, noting hackers converted stolen assets into Ether. Most theft occurred within 20 minutes late Thursday, with analysts citing similarities to prior North Korean attacks. Binance set aside $6.34 billion to cover losses and worked with other firms to freeze assets, while President Trump expressed uncertainty about attribution.


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