Binance resumes withdrawals after $6.3 billion hack, covers 95% of stolen assets

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Binance resumed withdrawals in phases on Sunday after freezing services following a $6.3 billion hack, with 95% of stolen assets now covered by the exchange. The company said it will bear the financial impact, not users, and is sourcing less liquid remaining assets. Withdrawals depend on network and asset type, with Bitcoin still partially suspended and delays expected due to traffic. Binance called the resumption a major milestone, citing ongoing security work and a future incident report. The FBI attributed the breach to North Korean group TraderTraitor, which is converting funds to Ethereum.


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