Binance resumes withdrawals after $6 billion hack linked to North Korea

bangkokpost.com —

Binance has resumed withdrawals after a major hack that affected over $6 billion in funds, with the Bitcoin network reopened first as part of a phased restoration. The exchange suspended withdrawals following the attack and is prioritizing tokens based on user demand, completing stability checks before reopening access. Binance has set aside $6.34 billion to cover losses, stating user funds remain safe. The FBI attributed the hack to North Korea-linked group TraderTraitor, part of a series of cyber thefts believed to finance Pyongyang's weapons program. The attack caused major cryptocurrency prices to fall sharply on Friday.


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